Panic of 1873 (jan 1, 1873 – jan 1, 1877)
Description:
A worldwide depression that began in the United States when one of the nation's largest banks abruptly declared bankruptcy, leading to the collapse of thousands of banks and businesses. No one would agree with this, as it is a downfall for everyone living in the US. This was a major setback in the reconstructionAdded to timeline:
Date:
jan 1, 1873
jan 1, 1877
~ 4 years