Panic of 1873 (1 янв 1873 г. – 1 янв 1877 г.)
Описание:
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
Добавлено на ленту времени:
Дата:
1 янв 1873 г.
1 янв 1877 г.
~ 4 years