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What were the causes of the Panic of 1873?

User Spawn
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1 Answer

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Answer: when the stock market crashed.

Step-by-step explanation:

The panic started with a problem in Europe, when the stock market crashed. Investors began to sell off the investments they had in American projects, particularly railroads. Back in those days, railroads were a new invention, and companies had been borrowing money to get the cash they needed to build new lines.

User Davidpodhola
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