Panic of 1819 (1 gen 1819 anni – 1 gen 1825 anni)
Descrizione:
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
Aggiunto al nastro di tempo:
Data:
1 gen 1819 anni
1 gen 1825 anni
~ 6 years