What began the panic of 1893?

The panic of 1893 was an economic depression in the United States which took place that year.

Explanation:

This economic depression was marked by the collapse of some railroad overbuilding which produced some bank failures.  

This depression is considered as the worst depression the United States had ever suffered.

One of the main causes of this depression was the bankruptcy of the Philadelphia and Reading Railroad, which had been extended in a significant way.

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