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QUESTION
The United States faced another economic crisis in 1857. Which of the following was an important factor leading up to this crisis?
The United States faced another economic crisis in 1857. Which of the following was an important factor leading up to this crisis?
-The new "Third Bank of the United States" tried to manipulate the economy.
-The large discoveries of gold in California drove up prices and accelerated the economy.
-Frequent deflation, or large decreases in the price level.
-Southern states threatened to secede which made the United States a much more risky place to invest.
