stourta4jamationnah stourta4jamationnah

18-01-2016
History

Answered

Which of the following was not a cause of the fi nancial crash of 1857?

AInfl ux of gold from the California Gold Rush
BOverproduction of grain
CLand and railroad speculation
DDecline in the price of cotton overseas
EInfl ation of currency

Verified Answer :

HistoryGuy HistoryGuy

29-01-2016

It would be an "(A) Influx of gold from the California Gold Rush" that was not a cause of the financial crash of 1857, since this gold almost always went to person use--and there wasn't that much of it relative to the entire US economy.

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