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10-05-2021
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2. What percentage of the country's businesses failed during the Panic of the 1870s?

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10-05-2021

Answer:

A startling 89 of the country's 364 railroads crashed into bankruptcy. A total of 18,000 businesses failed in a mere two years. By 1876, unemployment had risen to a frightening 14 percent.

Explanation:

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