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How Did Historical Context And Key Factors Contribute To The National Banking Crisis Of 1837

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The National baking system has not always been the way it is today. The National Banking Crisis of 1837 is an important event in American history. Historical context and key factors help determine the turning point during the crisis, and in turn the outcomes have impacted the banking system we know today. There are many key factors that play a role in the crisis itself. The start of the crisis had many things leading up to it. Speculation and the decrease in price of different products caused the stock market to become unstable. Historical context during the 1830s could have impacted the banking crisis. Different governmental movements and acts like the Religious Revival Movement spread across the country in hopes to bring back religiousness

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