Panic of 1857

GPTKB entity

Statements (77)
Predicate Object
gptkbp:instance_of gptkb:historical_event
gptkbp:caused_by decline in international trade
over-speculation in railroads
gptkbp:encouraged calls for reform
gptkbp:ends_at 1858
gptkbp:first_introduced gptkb:war
gptkbp:followed_by gptkb:Long_Depression
gptkbp:highlights vulnerabilities in the banking system
https://www.w3.org/2000/01/rdf-schema#label Panic of 1857
gptkbp:influenced political landscape
gptkbp:influenced_by European financial crises
gptkbp:is_affected_by Southern states
Northern states
drought in the Midwest
gptkbp:is_analyzed_in gptkb:Historical_Society
gptkbp:is_characterized_by gptkb:stock_market_index
falling prices
real estate collapse
gptkbp:is_involved_in failure of the Ohio Life Insurance and Trust Company
failure of the Chicago banks
failure of the New York City banks
gptkbp:is_studied_in economic history courses
gptkbp:launched August 1857
gptkbp:led_to gptkb:historical_event
increased government regulation
gptkbp:occurs_in gptkb:United_States
gptkbp:reports_to newspapers
gptkbp:resulted_in gptkb:government_agency
inflation
railroad expansion
market volatility
economic mismanagement
economic downturns
banking practices
economic instability
market corrections
bank failures
financial instability
speculative investments
government intervention
bank runs
loss of confidence in banks
market speculation
overproduction
speculative bubbles
financial mismanagement
business bankruptcies
financial speculation
economic speculation
banking failures
unemployment increase
increased competition in markets
banking system weaknesses
increased interest rates
economic miscalculations
poor investment decisions
economic policy failures
credit market issues
credit contraction
banking miscalculations
banking misjudgments
declining agricultural prices
economic downturns in Europe
economic misjudgments
economic speculation practices
financial crises in Europe
financial market fluctuations
financial market issues
financial miscalculations
financial misjudgments
lack of liquidity
market miscalculations
market misjudgments
gptkbp:was_marked_by public panic
gptkbp:bfsParent gptkb:James_Buchanan
gptkb:Franklin_Pierce
gptkbp:bfsLayer 4