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3. You must use proper spelling and grammar, including proper capitalization. Your answer must be at...

3. You must use proper spelling and grammar, including proper capitalization. Your answer must be at least 50 words and may NOT USE DIRECT QUOTES. If you use a direct quote you will receive a zero for this question automatically. Do not plagiarize (copy from the textbook or any other materials) Please describe Andrew Jackson's views on expanding democracy to include more people.

4. You must use proper spelling and grammar, including proper capitalization. Your answer must be at least 50 words and may NOT USE DIRECT QUOTES. If you use a direct quote you will receive a zero for this question automatically. Do not plagiarize (copy from the textbook or any other materials). Please explain why northerners gave up slavery without fighting.

5. You must use proper spelling and grammar, including proper capitalization. Your answer must be at least 50 words and may NOT USE DIRECT QUOTES. If you use a direct quote you will receive a zero for this question automatically. Do not plagiarize (copy from the textbook or any other materials). What caused the Panic of 1837?

Homework Answers

Answer #1

The 1837 Panic invaded the country 5 weeks after Martin Van Buren was made president - he was convicted of terrorism and given the nickname 'Martin Van Ruin'. This is a series of events and causes that led to the Panic of 1837.

Compliance with Casues Of The Panic Of 1837

1) During the issuance of the Special Circular, people who held paper money immediately went to the banks to get gold and silver to exchange their paper money to pay for land purchased from the government.

2) The government had to borrow money and charge a loan to cover its own expenses.

3) Banks were forced to sell their assets and demand payment.

4) People wanted to sell but few could afford to buy.

5) Debt is dry, profits are very low.

6) 343 banks closed (out of 850 banks), another 62 banks failed slightly.

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