Question

What is the panic of 1819​

Answer 1

DescriptionThe Panic of 1819 was the first major peacetime financial crisis in the United States. It was followed by a general collapse of the American economy that persisted through 1821. The Panic heralded the transition of the nation from its colonial commercial status with Europe toward an independent economy.

Answer 2

The first crucial peacetime financial crisis in the US. Followed by collapse of American economy that continued through 1821