Panic of 1819 5

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Panic of 1819 5

  1. 1. Panic of 1819
  2. 2. The Panic of 1819 occurred towards the end of the Era of Good Feelings. When Did it Happen?
  3. 3. Who was president? James Monroe 1817-1825
  4. 4. What were the causes of the Panic? The Second Bank of the United States
  5. 5. The Effects Foreclosure and bankruptcy were among the results of the panic.
  6. 6. The Effects Will eat for FOOD
  7. 7. What solutions were proposed? • Increases in tariffs • Restriction of bank credit • Direct relief to those in debt • Public works proposals
  8. 8. Why Was the Panic of 1819 important?

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