In 1893, widespread financial panic struck the United States. The root of this panic can be traced to overproduction and British and American financial crises in 1890. By 1893, pessimism was at ahigh. That year a stock market panic led to widespread bank failures and, subsequently, a four-year depression.
Please log in to
consult the article in its entirety. If you are a member (student of staff) of a subscribing
institution (see List), you should be able to access the LE on
campus directly (without the need to log in), and off-campus either via the institutional log in we
offer, or via your institution's remote access facilities, or by creating a personal user account with your institutional email address. If
you are not a member of a subscribing institution, you will need to purchase a personal
subscription. For more information on how to subscribe as an individual user, please see under Individual Subcriptions.
46 words
Citation: Richert, Lucas Paul. "Financial Panic Begins". The Literary Encyclopedia. First published 01 February 2009 [https://staging.litencyc.com/php/stopics.php?rec=true&UID=5986, accessed 26 November 2024.]
