The Panic of 1819 (jan 1, 1819 – jan 1, 1825)
Description:
After the closing of the National Bank, the heightened use of credit and unregulated actions of state banks resulted in a period of economic collapse and depression. This event demonstrates a continuity as it occurred over a six-year time frame.Added to timeline:
Date:
jan 1, 1819
jan 1, 1825
~ 6 years