Question

The panic of 1819 Group of answer choices Damaged the reputation of the Bank of the Untied States. Led to a program by James Monroe. Led to a strong economic program by Congress. Had little effect on post-war prosperity.

Answer 1

Damaged the reputation of the Bank of the United States.

Step-by-step explanation:

The panic of 1819 "damaged the reputation of the Bank of the United States."

The Panic of 1819 was caused majorly by failed policies of the United States Second Bank, whereby bad loans and paper money were offered to the Americans. These policies eventually led to rising inflation. And in the bid to curb the inflation, and the efforts to call the loans to cause a considerable panic among the citizens.

Hence, in this case, the correct answer is the panic of 1819 "damaged the reputation of the Bank of the United States."