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Panic of 1873 (1 gen 1873 anni – 1 gen 1877 anni)

Descrizione:

Jay Cooke & Co. invested too much in postwar RXR building
- fail leading investment banking firm
- panic
- inflation from paper $ during Civil War
- printed more money = worthless
LED TO
resumption act 1876 = money is now gold not paper

Aggiunto al nastro di tempo:

APUSH timeline

ByAlyson Lo
6 mag 2022
0
0
309

Data:

1 gen 1873 anni
1 gen 1877 anni
~ 4 years
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