Why was the morill act significant?

The Morrill Act, first passed in 1862, provided land grants so that new western states could establish colleges, thus giving farmers and people of the working class access to higher education which they would not otherwise have been able to enjoy.

all of the following apply except for (a. excessive credit on real estate resulting in defaulted loans.

in 1819, panic swept the country due,in part, to the rapid expansion of american manufacturing during the war of 1812 and the distress caused by the post-war british competition. the rapid expansion of american farming was another factor.

explanation: