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What was one result of the Panic of 1873?

A number of new businesses opened across the nation.
The United States experienced an economic slowdown.
The stock market experienced a sizable increase.
Manufacturing finally overtook the agricultural industry.

User Alamoot
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2 Answers

14 votes
14 votes

Answer:

The united states experienced an economic slowdown.

Step-by-step explanation:

edge 2021:)

User Josh Coady
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15 votes
15 votes

Answer:

The United States experienced an economic slowdown.

Step-by-step explanation:

The Panic of 1873 was a great period of economic depression in Europe and North America. This financial crisis started with the breakdown in the stock market in Europe, eventually coming to the American market.

One result of this panic was the economic slowdown of the United States. It led to inflation, increased unemployment, poverty among the laid-off workers, and also affected every sector of the economy.

Thus, the correct answer is the second option.

User Lyubov
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