asked 33.9k views
1 vote
What did federal and state governments do to help people who were hurt in the Panic of 1819?

asked
User LiorK
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1 Answer

6 votes

The federal government passed laws allowing people to sell back land they could not pay for and use the money to pay their debt. States made it more difficult to foreclose on mortgages and tried to make it easier for people to declare bankruptcy.

answered
User Hayden Schiff
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8.8k points
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