A severe ECONOMIC DOWNTURN for the U.S, it was thr first major negative response to the beginnings of modern industrial economic cycle in America ______ fill in the blank
A severe ECONOMIC DOWNTURN for the U.S, it was thr first major negative response to the beginnings of modern industrial economic cycle in America ______ fill in the blank
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A severe ECONOMIC DOWNTURN for the U.S, it was thr first major negative response to the beginnings of modern industrial economic cycle in America ______
fill in the blank
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Step 1: Reflecting on Economic Hardships-Inspiring Government Action in the Early 1800s
In the early 1800s, America encountered its first significant economic slump amidst the shift toward industrialization. The aftermath of the War of 1812, coupled with rampant land speculation and credit woes, made life tough for regular folks. This hardship prompted folks to ponder the need for financial rules and government involvement.
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