Panic of 1819

GPTKB entity

Statements (25)
Predicate Object
gptkbp:instanceOf economic crisis
gptkbp:causedBy falling agricultural prices
speculative land bubble burst
tightening of credit by Second Bank of the United States
gptkbp:country gptkb:United_States
gptkbp:effect bank failures
unemployment
collapse of real estate market
public distrust of banks
widespread foreclosures
gptkbp:endDate 1821
gptkbp:followedBy gptkb:Panic_of_1837
https://www.w3.org/2000/01/rdf-schema#label Panic of 1819
gptkbp:notablePerson gptkb:James_Monroe
gptkbp:precededBy gptkb:Era_of_Good_Feelings
gptkbp:relatedEvent gptkb:Second_Bank_of_the_United_States
gptkbp:relatedLegislation gptkb:Land_Act_of_1820
gptkbp:relatedTo economic history of the United States
history of banking in the United States
gptkbp:significance first major peacetime financial crisis in the United States
gptkbp:startDate 1819
gptkbp:bfsParent gptkb:Era_of_Good_Feelings
gptkb:James_Monroe
gptkb:Panic_of_1837
gptkbp:bfsLayer 5