Choose the correct answer to complete the sentence. National and State Bank policies in the 1830's contributed to ________.

A.) Inflation
B.) The Panic of 1837
C.) Increased national debt
D.) Depression

Respuesta :

National and State Bank policies in the 1830's contributed to Inflation
The best and most correct answer among the choices provided by your question is the second option or letter A. 

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. Therefore, National and State Bank policies in the 1830's contributed to the Panic of 1837.

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