Panic of 1819

GPTKB entity

Statements (57)
Predicate Object
gptkbp:instance_of gptkb:Crisis_intervention
gptkbp:caused_by decline in cotton prices
over-speculation in land
tightening of credit by banks
gptkbp:ended 1821
https://www.w3.org/2000/01/rdf-schema#label Panic of 1819
gptkbp:influenced Monetary Policy
economic thought
public perception of banks
gptkbp:is_affected_by real estate market
agricultural sector
manufacturing sector
gptkbp:is_analyzed_in economists
gptkbp:is_associated_with the rise of Jacksonian democracy
gptkbp:is_considered_as the first major financial crisis in the United States
gptkbp:is_discussed_in Congressional debates
gptkbp:is_documented_in gptkb:historical_accounts
gptkbp:is_linked_to the growth of the American economy
the emergence of new economic theories
the development of the American banking system
the shift in economic policies
gptkbp:is_part_of American economic history
the history of financial crises
gptkbp:is_remembered_for its impact on American society
its influence on public trust in banks
its role in shaping future economic policies
gptkbp:is_studied_in gptkb:historians
financial analysts
political scientists
economic history courses
gptkbp:led_to banking reforms
increased government intervention
changes in banking regulations
establishment of the Second Bank of the United States
gptkbp:occurs_in gptkb:United_States
gptkbp:reported_by newspapers
gptkbp:resulted_in bank failures
deflation
high unemployment
foreclosures
gptkbp:started_in 1819
gptkbp:was_affecting gptkb:landowner
gptkb:investors
working class
middle class
gptkbp:was_characterized_by widespread bankruptcies
loss of confidence in financial institutions
sharp decline in prices
gptkbp:was_followed_by gptkb:Panic_of_1837
gptkb:economic_recovery
gptkbp:was_influenced_by gptkb:the_War_of_1812
the Louisiana Purchase
the expansion of the frontier
European economic conditions
gptkbp:was_part_of the larger economic cycle
gptkbp:bfsParent gptkb:James_Monroe
gptkbp:bfsLayer 3