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what resulted from the panic of 1873?
a. the complete failure of the american money system
b. a new treasury department
c. economic problems and depression around the world
d. growing fear of african american leaders in government
The Panic of 1873 was a financial crisis that triggered a global economic depression. Option A is incorrect as the American money system didn't completely fail. Option B is wrong as the Treasury Department was established earlier (1789). Option D is unrelated to the Panic of 1873's consequences. Option C accurately reflects the global economic problems and depression that resulted from the Panic of 1873.
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C. Economic problems and depression around the world