The Panic of 1893
Everything Everywhere Daily: History, Science, Geography & More
It was the worst economic depression that the United States had ever seen.
The stock market crashed. Thousands of businesses went bankrupt. The unemployment rate hit 20% There were soup lines and an army of homeless scattered throughout the country.
It was not the Great Depression.
Learn more about the Panic of 1893, the forgotten depression which realigned American politics, on this episode of Everything Everywhere Daily.
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