Panic of 1893

Examples of Panic of 1893 in the following topics:

• The Progressive Era

  • The Progressive Era was one of general prosperity after the Panic of 1893; a severe depression that ended in 1897.
  • The Progressive Era was one of general prosperity after the Panic of 1893; a severe depression that ended in 1897.
  • The Panic of 1907 was short and mainly affected financiers.
  • The Panic of 1907 was followed by a small decline in real wages and increased unemployment, with both trends continuing until World War I.
  • By the turn of the century, a middle class had developed that was leery of both the business elite and the radical political movements of farmers and laborers in the Midwest and West.

• The Transformed National Economy

  • After the short-lived panic of 1873, the economy recovered with the advent of hard money policies and industrialization.
  • From 1869 to 1879, the U.S. economy grew at a rate of 6.8% for real GDP and 4.5% for real GDP per capita, despite the panic of 1873.
  • The Panic of 1873 had New York Stock Exchange closed for ten days.
  • The end of the Gilded Age coincided with the Panic of 1893, a deep depression that lasted until 1897 and marked a major political realignment in the election of 1896.
  • Annotations are major financial panics during the period (e.g., Panic of 1893, Panic of 1907).

• The Economy and the Silver Solution

  • The issue peaked from 1893 to 1896, when the economy was in a severe depression — called the Panic of 1893 — characterized by falling prices (deflation), high unemployment in industrial areas, and severe distress for farmers.
  • A financial panic in the United Kingdom and a drop in trade in Europe caused foreign investors to sell American stocks to obtain American funds backed by gold.
  • After the Panic of 1893 broke, President Grover Cleveland oversaw the repeal of the Act in 1893 to prevent the depletion of the country's gold reserves.
  • While the repeal of the Act is sometimes blamed for the Panic, the Panic was already well underway.
  • Evaluate the reasons for, and consequences of, the adoption of the "free coinage of silver"

• Depression Politics

  • The elections of members of the United States House of Representatives in 1894 came in the middle of President Grover Cleveland's second term.
  • The nation was in its deepest economic depression ever following the Panic of 1893, so economic issues were at the forefront.
  • After having elected Bourbon Democrat leader Grover Cleveland to the office of President both in 1884 and in 1892, the support for the movement was considerably damaged in the wake of the Panic of 1893.
  • Palmer, a former governor of Illinois.
  • The arrival of the military and subsequent deaths of workers led to further outbreaks of violence.

• Vocational Training

  • A rise in formalized vocational training followed the Panic of 1893, with vocational high schools and normal schools preceding.
  • In the early years of the twentieth century, a number of efforts were made to imitate German-style industrial education in the United States.
  • Wheaton was the Director of Practice.
  • The closed shop of the artisan which had initially provided workers was no longer the educational program of choice.
  • Other examples of sub-baccalaureate programs were the University Preparatory School and Junior College of Tonkawa.

• The Gilded Age

  • The term refers to the gilding of a cheaper metal with a thin layer of gold.
  • Two extended nationwide economic depressions followed the Panic of 1873 and the Panic of 1893.
  • With the rapid growth of cities, political machines increasingly took control of urban politics.
  • The end of the Gilded Age coincided with the Panic of 1893, a deep depression, which lasted until 1897 and marked a major political realignment in the election of 1896.
  • Built in 1893, it typifies the excesses of Gilded Age wealth.

• The Golden Age: 1860–1932

  • The Gilded Age was a time of enormous growth that attracted millions of European immigrants.
  • Despite the growth, there was serious cause for concern, which manifested in two major nationwide depressions, known as the Panic of 1873 and the Panic of 1893.
  • Furthermore, most of the growth and prosperity came in the North and West - states that had been part of the Union.
  • Between 1865 and 1898, the output of wheat increased by 256%, corn by 222%, coal by 800% and miles of railway track by 567%.
  • It was built in 1893, added to the National Register of Historic Places in 1971, and designated a National Historic Landmark in 1994.

• J.P. Morgan and the Financial Industry

  • He directed the banking coalition that stopped the Panic of 1907.
  • By 1864–1872, he was a member of the firm of Dabney, Morgan, and Company.
  • In 1871, he partnered with the Drexels of Philadelphia to form the New York firm of Drexel, Morgan & Company.
  • After the 1893 death of Anthony Drexel, the firm was rechristened "J.
  • In 1895, at the depths of the Panic of 1893, the Federal Treasury was nearly out of gold.

• Panic

  • Panic is a sudden terror which dominates thinking and often affects groups of people.
  • Panics typically occur in disaster situations, such as during a fire, and may endanger the overall health of the affected group.
  • These panics are generally fuelled by media coverage of social issues (although semi-spontaneous moral panics do occur and some moral panics have historically been fueled by religious missions, governmental campaigns, and scientific mobilizing against minority groups that used media outlets to further their claims), and often include a large element of mass hysteria.
  • A moral panic is specifically framed in terms of morality, and usually expressed as outrage rather than unadulterated fear.
  • Though not always, very often moral panics revolve around issues of sex and sexuality.

• Panic Disorder and Panic Attacks

  • A panic attack is a sudden period of intense anxiety; if these attacks occur often, they may indicate a panic disorder.
  • People with panic disorder experience recurrent (more than one) and unexpected panic attacks, along with at least one month of persistent concern about additional panic attacks, worry over the consequences of the attacks, or self-defeating changes in behavior related to the attacks (such as withdrawing from social activities out of fear of having an attack) (APA, 2013).
  • People with panic disorder may become so afraid of having panic attacks that they experience what are known as anticipatory attacks—essentially panicking about potential panic attacks and entering a cycle of living in fear of fear.
  • Cognitive behavioral therapy (CBT) is the psychotherapeutic treatment of choice for panic disorder; several studies show that 85 to 90 percent of panic-disorder patients treated with CBT recover completely from their panic attacks within 12 weeks.
  • Some of the physical manifestations of a panic attack can include dizziness, shortness of breath, sweating, trembling, feelings of faintness, chest pain, or a fear of losing control.