Panic of 1819 (1 janv. 1819 – 1 janv. 1825)
Description:
caused by overspec of land, led to a depression for 6 yrs- Bank of US (BUS) tightened credit and cut down # of loans = callin in loans and foreclosed mortgages = state banks begin to fail
Ajouté au bande de temps:
Date:
1 janv. 1819
1 janv. 1825
~ 6 years