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Panic of 1873
The Panic of 1873 triggered a severe international economic depression in both Europe and the United States that lasted until 1879, and even longer in some countries. The depression was known as the Great Depression until the 1930s, but is now known as the Long Depression...
Timeline of Events
1873
5.9.1873
''Der Krach'': Vienna stock market crash heralds the Long Depression.
9.18.1873
The Panic of 1873 begins.
1874
11.25.1874
The United States Greenback Party is established as a political party consisting primarily of farmers affected by the Panic of 1873.