answersLogoWhite

0


Best Answer

The Panic of 1873 caused an economic depression in the 1870s because banksacross the land closed .

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What caused an economic depression in the 1870s?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What problems did the economic depression cause in 1873?

The Panic of 1873 caused an economic depression in the 1870s because banksacross the land closed .


Which president is closely related to the economic depression of the 1870s?

Rutherford B. Hayes


In what decade was there a major economic depression in the last half of 1800?

1870's


What caused the economic depression in late 1800s?

there were more goods available than there was demand for them


What caused the economic depression in the late 1800?

there were more goods available than there was demand for them


Is the US in an economic depression?

what is an economic depression?


What role did the War of the Worlds play in the great depression?

The War of the Worlds did not play a direct role in the Great Depression. The Great Depression was primarily caused by a combination of stock market crash in 1929, economic downturn, and banking failures. The War of the Worlds was a radio broadcast in 1938 that caused panic but did not have any long-term impact on the economic conditions of the Great Depression.


What caused the economic depression in the late 1800's?

apex: there were more goods available than there was demand for them


Why could the so called Era of Good Feelings be a misnomer?

Sectionalism in the United States due to slavery. Also because of economic depression caused by the Panic of 1819. Sectionalism in the United States due to slavery. Also because of economic depression caused by the Panic of 1819.


Why did Canada wait to declare war on Germany?

Largely due to economic problems caused by the U.S. Great Depression.


What economic disaster caused many European nations to turn to fascist governments in the early 1930?

The Great Depression


Do you think the nation would have experienced depression even if the stock market had not crashed?

Yes. The stock market crash did not cause the depression. Instead the economic crisis and the depression caused the stock market crash