The Panic of 1873 was a financial crisis that triggered an economic depression in Europe and North America that lasted from 1873 to 1877, continuing until 1879 in the French Third Republic and in the United Kingdom of Great Britain and Ireland. In Britain, the panic started two decades of stagnation known as the "Long Depression" that weakened the country's economic leadership.
The Panic of 1873 was a financial crisis that triggered an economic depression in Europe and North America that lasted from 1873 to 1877, continuing until 1879 in the French Third Republic and in the United Kingdom of Great Britain and Ireland. In Britain, the panic started two decades of stagnation known as the "Long Depression" that weakened the country's economic leadership.
Source: Wikipedia "Panic of 1873" · CC BY-SA 4.0
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