https://padlet.com/zoe_dolack/gsohuqgq9zvr en-us 2019-10-29 23:57:32 UTC 2023-04-21 15:49:12 UTC hello@padlet.com zoe_dolack https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404197660 The failure of Jay Cooke and Company caused the whole nation to panic due to its profound effect on the economy at the time. The company invested great amounts of cash into the railroads, and was also the primary financial support for the Union Military Effort during the Civil War. ]]> 2019-10-29 23:57:32 UTC https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404197660 zoe_dolack https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404197661 The panic took place primarily in North America and Europe. ]]> 2019-10-29 23:57:32 UTC https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404197661 zoe_dolack https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404197663 The Panic of 1873 was an economic crisis that lasted over five years. It is known to be the first global depression that was brought by industrial capitalism. ]]> 2019-10-29 23:57:32 UTC https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404197663 zoe_dolack https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404197664 The panic began in 1873 and ended in North America in 1877, however, it lasted longer in Europe. ]]> 2019-10-29 23:57:32 UTC https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404197664 zoe_dolack https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404197665 Jay Cooke and Company had ties in both North America and Europe, causing panic to spread to people all over the globe after the bank eventually failed. ]]> 2019-10-29 23:57:32 UTC https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404197665 zoe_dolack https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404197666 The panic began with the failure of Jay Cooke and Company, the primary bank of the time. When the bank failed and lost all credit, foreclosures begun and panic arose. ]]> 2019-10-29 23:57:32 UTC https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404197666 zoe_dolack https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404197667 2019-10-29 23:57:32 UTC https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404197667 zoe_dolack https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404197668 2019-10-29 23:57:32 UTC https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404197668 zoe_dolack https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404197669 2019-10-29 23:57:32 UTC https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404197669 zoe_dolack https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404199227 2019-10-29 23:58:51 UTC https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404199227 zoe_dolack https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404199372 The panic of 1873 had a profound impact on society because it is known to be the first worldwide depression that came as a result of industrial capitalism. ]]> 2019-10-29 23:58:55 UTC https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404199372 zoe_dolack https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404200667 2019-10-30 00:00:08 UTC https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404200667 zoe_dolack https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404200681 2019-10-30 00:00:11 UTC https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404200681 zoe_dolack https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404200916 2019-10-30 00:00:51 UTC https://padlet.com/zoe_dolack/gsohuqgq9zvr/wish/404200916