The Panic Of 1819

Read Complete Research Material



The panic of 1819

Introduction

The panic of 1819 was a result of the War of 1812. That conflict altered important aspects of the economy. Manufacturing was enormously stimulated, and the difficulties in acquiring money to finance the struggle led to a proliferation of banks (sanctioned by state governments) outside of New England; the number in the country rose from 88 in 1811 to 392 in 1818. Congressional leaders responded to the financial experience of the war by chartering a new national bank, the second Bank of the United States (BUS), in 1816. At the same time foreign trade was readjusting to peacetime ...
Related Ads
  • New Economy
    www.researchomatic.com...

    The dislikes nursed by this " Panic of 1819 ...

  • The Causes Of The Panic O...
    www.researchomatic.com...

    After the panic of 1785 there was another slu ...

  • Us Timeline Slavery To 19...
    www.researchomatic.com...

    ... was born in Germany, 1819 -Alabama ...

  • Abstract
    www.researchomatic.com...

    This paper discusses the first ever crisis of a seve ...

  • Popular Protests
    www.researchomatic.com...

    The massacre of Peterloo (or Battle of Peterloo) occ ...