• If you are citizen of an European Union member nation, you may not use this service unless you are at least 16 years old.

  • Want to get organized in 2022? Let Dokkio put your cloud files (Drive, Dropbox, and Slack and Gmail attachments) and documents (Google Docs, Sheets, and Notion) in order. Try Dokkio (from the makers of PBworks) for free. Available on the web, Mac, and Windows.


The Panic of 1819

Page history last edited by Mr. Hengsterman 2 years, 2 months ago


Reading on the Panic of 1819





#1 Over speculation of frontier lands by Banks (especially BUS)

#2 Inflation from war of 1812 + economic drop-off = vulnerable economy


#3 Deficit trade in balance with Britain


#4 BUS forced wildcat western banks to foreclose on western farms


Western farmers viewed banks as a evil financial monster

Hard hit poor classes looking for more representative government (beginnings of Jacksonian democracy) 

Attention drawn to the inhumanity of debtors prisons











Comments (0)

You don't have permission to comment on this page.