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The Panic of 1873 was a financial crisis that triggered an economic depression in Europe and North America that lasted from 1873 to 1877 or 1879 in France and in Britain. In Britain, the Panic started two decades of stagnation known as the "Long Depression" that weakened the country's economic leadership. [1]
El pánico de 1873 o crisis económica de 1873 es el nombre con el que se conoce a una ola de pánico económico en Estados Unidos por la quiebra de la entidad bancaria Jay Cooke and Company, de la ciudad de Filadelfia, el 18 de septiembre de 1873, junto a la previa caída de la Bolsa de Viena el 9 de mayo de 1873.
The Panic of 1873, which began with financial crises in Vienna in June and in New York City in September, marked the end of the long-term expansion in the world economy that had begun in the late 1840s. An even greater panic, however, was the stock….
The Panic of 1873. After the Civil War, the US banking system grew rapidly and seemed to be set on solid ground. But the country was hit by many banking crises. One of the worst happened in 1873 – during the time of the Freedman’s Bank. The panic started with a problem in Europe, when the stock market crashed.
Supuso el inicio de una dura depresión económica de alcance global, conocida como la Gran Depresión de 1873, que perduró hasta el año 1879, coincidiendo con el inicio de la Segunda Revolución Industrial. Es la primera de las grandes depresiones o crisis sistémicas del capitalismo.
The Panic of 1873 was a financial crisis that triggered an economic depression in Europe and North America that lasted from 1873 to 1877 or 1879 in France and in Britain. In Britain, the Panic started two decades of stagnation known as the "Long Depression" that weakened the country's economic leadership.
23 de mar. de 2024 · The Panic of 1873. Share: The Great Financial Panic of 1873 - Closing the door of the Stock Exchange on its members, Saturday, Sept. 20th. Library of Congress. Since the end of the...
