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Depression of 1893 (jan 1, 1893 – jan 1, 1897)

Description:

One company that made twine was about to crash. Investors began pulling out of the company and taking their money out of banks. The rest of the population followed suit. Was faster and more severe due to the number of people connected to the market due to industrialization. Tons of poverty due to previous economic equality. Many starved.

Added to timeline:

AP US History

ByKit Stevens
1 Aug 2023
0
0
556

Date:

jan 1, 1893
jan 1, 1897
~ 4 years
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