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- Panic_of_1837 abstract "The Panic of 1837 was a financial crisis in the United States that touched off a major recession that lasted until the mid-1840s. Profits, prices and wages went down while unemployment went up. Pessimism abounded during the time. The panic had both domestic and foreign origins. Speculative lending practices in western states, a sharp decline in cotton prices, a collapsing land bubble, international specie flows, and restrictive lending policies in Great Britain were all to blame. On May 10, 1837, banks in New York City suspended specie payments, meaning that they would no longer redeem commercial paper in specie at full face value. Despite a brief recovery in 1838, the recession persisted for approximately seven years. Banks collapsed, businesses failed, prices declined, and thousands of workers lost their jobs. Unemployment may have been as high as 25% in some locales. The years 1837 to 1844 were, generally speaking, years of deflation in wages and prices.".
- Panic_of_1837 thumbnail Panic1837_crop.jpg?width=300.
- Panic_of_1837 wikiPageExternalLink jacksonian-economy.
- Panic_of_1837 wikiPageExternalLink displayAbstract?aid=118595.
- Panic_of_1837 wikiPageExternalLink no-03.
- Panic_of_1837 wikiPageID "225600".
- Panic_of_1837 wikiPageRevisionID "606109149".
- Panic_of_1837 hasPhotoCollection Panic_of_1837.
- Panic_of_1837 subject Category:1837_in_the_United_States.
- Panic_of_1837 subject Category:19th_century_in_economics.
- Panic_of_1837 subject Category:Banking_in_the_United_States.
- Panic_of_1837 subject Category:Economic_disasters_in_the_United_States.
- Panic_of_1837 subject Category:Economic_history_of_the_United_States.
- Panic_of_1837 subject Category:Financial_crises.
- Panic_of_1837 comment "The Panic of 1837 was a financial crisis in the United States that touched off a major recession that lasted until the mid-1840s. Profits, prices and wages went down while unemployment went up. Pessimism abounded during the time. The panic had both domestic and foreign origins. Speculative lending practices in western states, a sharp decline in cotton prices, a collapsing land bubble, international specie flows, and restrictive lending policies in Great Britain were all to blame.".
- Panic_of_1837 label "1837年恐慌".
- Panic_of_1837 label "Panic of 1837".
- Panic_of_1837 label "Panico del 1837".
- Panic_of_1837 label "Paniek van 1837".
- Panic_of_1837 label "Panika roku 1837".
- Panic_of_1837 label "Panique de 1837".
- Panic_of_1837 label "Pánico de 1837".
- Panic_of_1837 label "Pânico de 1837".
- Panic_of_1837 label "Wirtschaftskrise von 1837".
- Panic_of_1837 sameAs Wirtschaftskrise_von_1837.
- Panic_of_1837 sameAs Pánico_de_1837.
- Panic_of_1837 sameAs Panique_de_1837.
- Panic_of_1837 sameAs Panico_del_1837.
- Panic_of_1837 sameAs 1837年恐慌.
- Panic_of_1837 sameAs Paniek_van_1837.
- Panic_of_1837 sameAs Panika_roku_1837.
- Panic_of_1837 sameAs Pânico_de_1837.
- Panic_of_1837 sameAs m.01gwfq.
- Panic_of_1837 sameAs Q2092480.
- Panic_of_1837 sameAs Q2092480.
- Panic_of_1837 wasDerivedFrom Panic_of_1837?oldid=606109149.
- Panic_of_1837 depiction Panic1837_crop.jpg.
- Panic_of_1837 isPrimaryTopicOf Panic_of_1837.