Question

what was the primary cause of the panic of 1837?
a. war between european powers
b. high tariffs
c. speculative lending practices
d. overproduction of goods

the telegraph primarily impacted which aspect of 19th-century global trade?
a. communication
b. transportation
c. resource extraction
d. manufacturing

Explanation:

For the first question: The Panic of 1837 was triggered by risky, unregulated lending (speculative practices) that led to a financial bubble burst, bank failures, and an economic crisis. Other options were not the primary cause.
For the second question: The telegraph was a communication technology that allowed near-instant transmission of information across long distances, directly revolutionizing how trade-related news, prices, and orders were shared in 19th-century global trade.

Answer:

1. c. Speculative lending practices
2. a. Communication