1. Panic of 1819

2. The Panic of
1819 occurred
towards the end
of the Era of
Good Feelings.
When Did it Happen?

3. Who was president?
James Monroe 1817-1825

4. What were the causes of the Panic?
The Second Bank of the United States

5. The Effects
Foreclosure and bankruptcy were among the
results of the panic.

6. The Effects
Will eat for FOOD

7. What solutions were proposed?
• Increases in tariffs
• Restriction of bank credit
• Direct relief to those in debt
• Public works proposals

8. Why Was the Panic of 1819
important?