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The Panic of 1819
Andrew H. Browning
其他書名
The First Great Depression
出版University of Missouri Press, 2019-04-01
主題History / GeneralHistory / United States / 19th CenturyBusiness & Economics / Economic History
ISBN08262742509780826274250
URLhttp://books.google.com.hk/books?id=_75_DwAAQBAJ&hl=&source=gbs_api
EBookSAMPLE
註釋The Panic of 1819 tells the story of the first nationwide economic collapse to strike the United States. Much more than a banking crisis or real estate bubble, the Panic was the culmination of an economic wave that rolled through the United States, forming before the War of 1812, cresting with the land and cotton boom of 1818, and crashing just as the nation confronted the crisis over slavery in Missouri.

The Panic introduced Americans to the new phenomenon of boom and bust, changed the country's attitudes towards wealth and poverty, spurred the political movement that became Jacksonian Democracy, and helped create the sectional divide that would lead to the Civil War. Although it stands as one of the turning points of American history, few Americans today have heard of the Panic of 1819, with the result that we continue to ignore its lessons—and repeat its mistakes.