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- What was the result of the Panic of 1837? - Quizlet
The Panic of 1837 led to a prolonged economic depression...
- What was the result of the Panic of 1837? - Quizlet
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The Panic of 1837 led to a prolonged economic depression that persisted until the mid-1840s in the United States. This financial crisis was triggered by speculative lending, a decline in cotton prices, and restrictive lending practices by the Bank of England.
