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What was a result of the Panic of 1819?

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User Guigouz
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5 votes

Answer:

See explanation

Step-by-step explanation:

There was a wave of bankruptcies, bank failures, and bank runs; prices dropped and wide-scale urban unemployment began. By 1819, land measures in the U.S. had also reached 3,500,000 acres and many Americans did not have enough money to pay off their loans.

Hope this helps!

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User Hanchen Jiang
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