Step-by-step explanation:
The Panic of 1819 (1819-1824) was the first major economic depression in American history. It came on quickly and harshly, just like a severe bout of the flu. Many people are familiar with The Great Depression of the 1920s and 1930s and those who lived it might have seen it as a sickness on this country. You perhaps are even thinking about the recession of the 2000s, whose effects are still felt today.
Just like an illness, the Panic of 1819 had causes. When attempting to diagnose this malady, there are three main indicators, or symptoms if you will, that a physician (you, the reader!) can use for a diagnosis. These are:
Bank loans
The War of 1812
The move westward
When combined, these symptoms would lead to the Panic of 1819.