Which summarizes a major cause of the Panic of 1819?

Responses

A. High prices for agricultural goods, cheap land, and easy credit created a speculative bubble.High prices for agricultural goods, cheap land, and easy credit created a speculative bubble.

B. The Second Bank of the United States deliberately created a speculative bubble. The Second Bank of the United States deliberately created a speculative bubble.

C. High land prices and difficulty accessing credit prevented people from buying farms. High land prices and difficulty accessing credit prevented people from buying farms.

D. The charter of the Second Bank of the United States expired a year before the crisis hit.

A. High prices for agricultural goods, cheap land, and easy credit created a speculative bubble.