US HISTORY CH.11

What were yeoman farmers?
- backbone of southern society
- 50% of whites
- owned no slaves
- farmed 80 - 160 acres
- everywhere execpt for rice and sugar districts and river bottomlands b/c they were large plantations
5 points for economic panic of 1837
- 1. b4 jackson left office
- 2. rampant speculation in west land
- 3. speculative craze spread to canals, roads, railroads, and slaves
- 4. failure of wheat crop (prices rose)
more about economic panic...
- english investors call in loans
- american banks collapse
- commodity prices dropped
- public land sales fall
- factories closed
1844 what democrat runs?

james polk
James Polk goals:
- lower tariff
- restore independent treasury
- get california
- settle oregon county dispute

Author

brittanystx

14648

Card Set

US HISTORY CH.11

Description

YEOMEN FARMERS ECONOMIC PANIC

Updated

2010-04-15T18:40:56Z

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