Financial Panic of 1873: Causes & Summary


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The Panic of 1873 revolved around what major project?

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1. Which company was responsible for the financial collapse of the Northern Pacific project and the ensuring economic panic in 1873?

2. When did the Panic of 1873 officially begin?

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About This Quiz & Worksheet

This quiz/worksheet combo will help check your understanding of the lesson on the Financial Panic of 1873. Some of the details that you will be assessed on include the impacts of the financial collapse.

Quiz & Worksheet Goals

Use these assessment tools to assess your knowledge of key terms, such as:

  • Jay Cooke and Company
  • Northern Pacific Railway
  • Railroad Strikes of 1877

Skills Practiced

This quiz and worksheet allow students to test the following skills:

  • Reading comprehension - ensure that you draw the most important information from the lesson on the Financial Panic of 1873
  • Information recall- access the knowledge you've gained regarding the Northern Pacific Railway's link to the Panic of 1873
  • Knowledge application - use your knowledge to answer questions about the events inspired by the financial collapse

Additional Learning

To learn more about this topic, review the accompanying lesson on the Financial Panic of 1873: Causes & Summary. This lesson covers the following objectives:

  • Identify the background that led to the financial collapse
  • Understand the cause and cost of the financial panic
  • Recognize the Panic of 1873's impact on the United States and the reaction of the public
  • Identify the efforts taken towards economic recovery
  • Know the legacy of the Panic of 1873