Question

What event led to the panic of 1837

A. The second bank of the united states closed
B. The u.s treasury department issued an order that only gold or silver could be used to purchase public land
C. Congress passed the tariff of 1832
D. South Carolina threatened to secede from the u.s

Answer 1

Answer: B, The Second Bank of the US closed

Explanation: President Jackson refused to renew the charter with the Second Bank of the US