AP US Historymediummcq1 pt
The Panic of 1837 resulted partly from
A.speculation and Jackson's financial policies
B.the end of the slave trade
C.a foreign invasion
D.the Erie Canal's failure
Explanation
Core Concept
Land and cotton speculation, the Bank's demise, and the Specie Circular triggered bank failures and a deep depression under Van Buren.
Correct Answer
Aspeculation and Jackson's financial policies
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