asked 55.3k views
5 votes
What is one reason the Panic of 1873 occurred?

The US military discharged too many soldiers after the war.

Boss Tweed retired without finalizing some business deals.

Congress ended the use of greenbacks and switched to silver.

Jay Cooke & Company failed, negatively impacting stocks.

1 Answer

4 votes

Answer:

Jay Cooke & Company failed, negatively impacting stocks.

answered
User Bruno Toffolo
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