4
QuizMultiple Choice

Southern Redemption

Question 4 • (AG Q4) American History 8: 25-26 (AHostetler)

What was one result of the Panic of 1873?

Answer
A
A number of new businesses opened across the nation.
B
The United States experienced an economic slowdown.
C
The stock market experienced a sizable increase.
D
Manufacturing finally overtook the agricultural industry.

Explanation

The Panic of 1873 triggered a major financial crisis, followed by years of economic hardship known as the Long Depression. Businesses failed, unemployment rose, and economic activity slowed. Therefore, one result was that the United States experienced an economic slowdown; the crisis did not cause a sizable stock-market increase.

AI-written and checked against the verified answer.

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