What lesson can we learn from the Panic of 1837?

The Panic of 1837 was a financial crisis in the United States that touched off a major depression, which lasted until the mid-1840s. Profits, prices, and wages went down; unemployment went up; and pessimism abounded. The panic had both domestic and foreign origins.

Explanation:

since I answered ur question can u pls go answer mine?

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the answer is d. tariffs were raised by america's trading partners after the smoot-hawley tariff act, decreasing exports, and declining job rates.

b) the confederacy had to pay all union war expenses.