24.5k views
1 vote
What caused Moses Austin to go bankrupt after the War of 1812?

1 Answer

7 votes

Answer:

Austin quickly built a lead mine, smelter, and town on his property, and his mine turned a steady profit for more than a decade. Unfortunately, the economic collapse following the War of 1812 destroyed the lead market and left him bankrupt.

Step-by-step explanation:

User Matt McCutchen
by
3.6k points