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4 votes
What caused the panic of 1893

2 Answers

6 votes

Answer:

The Panic of 1893 was caused by the collapse of two of the country's largest employers, the Philadelphia and Reading Railroad and the National Cordage Company.

answered
User Mjmdavis
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7.4k points
6 votes
The panic of 1893 was caused by fear of the currency of gold being dropped caused investors suddenly want to hold their riches as cash rather than deposits
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User Suau
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7.9k points
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