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Panic of 1873: Quiz


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Question 1: Wage cuts and poor working conditions among American railroad workers resulted in the ________, preventing the trains from moving, especially in Pennsylvania and the great railway hub of Chicago.
East St. Louis, IllinoisGreat Railroad Strike of 1877Baltimore and Ohio RailroadIllinois

Question 2: Cooke's firm provided the financing, and ground was broken near ________, for the line on February 15, 1870.
MinneapolisSt. Louis County, MinnesotaDuluth, MinnesotaHibbing, Minnesota

Question 3: A liberalized incorporation law in Germany led to the founding of new enterprises, such as the ________, as well as the incorporation of established ones.
BarclaysJPMorgan ChaseRabobankDeutsche Bank

Question 4: On September 18, the firm declared ________.
Bond (finance)InsolvencyDebtBankruptcy

Question 5: Cooke and other entrepreneurs had planned to build the nation's second transcontinental railroad, called the ________.
Union Pacific RailroadNorthern Pacific RailwayBurlington Northern RailroadCanadian Pacific Railway

Question 6: The ________ was followed by a boom in railroad construction.
American Civil WarUnited StatesTennesseeBleeding Kansas

Question 7: The Panic of 1873 was the start of the ________, a severe nationwide economic depression in the United States that lasted until 1879.
Early 2000s recessionPost-World War I recessionLong DepressionGreat Depression

Question 8: [16] It was in the immediate aftermath of Bismarck's victory against ________ that he began the process of silver demonetization.
FranceUnited KingdomItalyCanada

Question 9: Unemployment reached 14% by 1876, during a time which became known as the ________.
Early 2000s recessionPost-World War I recessionGreat DepressionLong Depression

Question 10: Finally, the election of the Republican candidate, ________, to the Presidency in the disputed election of 1876 led to the end of Reconstruction in March 1877.
William McKinleyWarren G. HardingRutherford B. HayesJohn W. Bricker


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