Q&A Hero

Question

How do economic crises today compare to the Panic of 1837?
A) The Panic of 1837 was caused by Andrew Jackson's laissez-faire policies; today politicians regulate commerce more, avoiding panics and recessions.
B) The Panic of 1837 was caused by international fluctuations; today panics and recessions are usually localized within regions and countries.
C) Like the Panic of 1837, panics and recessions today may be caused by international fluctuations natural to a capitalistic economy.
D) Like the Panic of 1837, panics and recessions today are caused by tight governmental controls on commerce.
E) Like the Panic of 1837, panics and recessions today are the primary cause of presidents losing reelection campaigns.