Multiple choice general knowledge history

Panic of 1873

  1. Jan 9, 1873

  2. Dec 9, 1873

  3. Aug 9, 1873

  4. May 9, 1873
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Panic of 1873 began on May 9, 1873, triggered by the collapse of the Vienna Stock Exchange and the failure of Jay Cooke & Company, a major American bank. This event initiated a major economic depression known as the Long Depression that lasted for several years. The other dates (January, December, August) are incorrect for the start of this specific financial crisis.

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