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Economic depression in the United States
- The Panic of 1893 was an economic depression in the United States that began in 1893 and ended in 1897. It deeply affected every sector of the economy and produced political upheaval that led to the political realignment of 1896 and the presidency of William McKinley.
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The Panic of 1893 was an economic depression in the United States that began in 1893 and ended in 1897. It deeply affected every sector of the economy and produced political upheaval that led to the political realignment of 1896 and the presidency of William McKinley .
The Panic of 1893 was one of the most severe financial crises in the history of the United States. The crisis started with banks in the interior of the country. Instability arose for two key reasons.
Oct 1, 2019 · In the late spring of that year a four-month spasm of financial hysteria known as the Panic of 1893 swept the country. During the depression that followed, banks and businesses failed by the thousands, railroads went bankrupt, credit essentially froze, unemployment soared, and tens of thousands of ordinary people lost their homes and savings.
Jul 4, 2017 · Learn how the debate over U.S. monetary policy led to the worst depression in U.S. history up to that time. Explore the causes, effects and legacy of the Panic of 1893, which sparked a four-year crisis and a shift in political parties.
May 23, 2018 · Learn about the financial crisis that plunged the United States into a severe depression in 1893, and the social and political consequences of the economic turmoil. Find out how the Populist Party, the Sherman Antitrust Act, and the Pullman Strike were related to the Panic of 1893.
Learn how the financial crisis of 1893 affected the social reformer Florence Kelley and her work in Chicago. Find out about the causes, consequences, and international context of the panic and the depression that followed.
Learn how the Panic of 1893, triggered by the repeal of the Sherman Silver Purchase Act, devastated Colorado's silver-mining industry and economy. Explore the causes, effects, and legacy of the nationwide depression that lasted for three years.
