1. What do you see as the socio-political impact of the "Panic
... economic sophistication. Discussion was carried on in the newspapers, in monographs, and in the halls of legislatures. Particularly striking is the high caliber economic thinking of the influential journalists of the day and of many leading political figures. The absence of specialized economists was in a way compensated by the economic knowledge and intelligence of the articulate members of the community, including the leading statesmen. One of the chief centers of attention was the monetary system. The nation's monetary system was highly imperfect; banking ... on a nationwide scale wa...
- Word Count: 3048
- Approx Pages: 12
- Grade Level: Undergraduate