Question

Select the correct answer. The bankruptcy of which company initiated the Panic of 1873? A. Standard Oil B. Century Building Society C. Northern Pacific Railroad D. Bergdorf Goodman E. Republic Steel

Answer 1

C

Step-by-step explanation:

Answer 2

Answer:C. The Northern Pacific Railroad

Step-by-step explanation:

They were trying to work on a new railroad but due to poor investments they became bankrupt and they had to be saved by the government. After awhile they filed for bankruptcy again after more poor financial decisions.