Spread of the Panic
- When
- 1873–1877, continuing until 1879 in the French Third Republic and the United Kingdom
- Where
- Vienna as origin of failures that spread across Europe and North America
Financial failures in Vienna, the crisis's first symptoms, spread to most of Europe and North America by 1873, triggering the Panic of 1873.
The first symptoms of the crisis were financial failures in Vienna, the capital of Austria-Hungary, which spread to most of Europe and to North America by 1873. The resulting Panic of 1873 triggered an economic depression in Europe and North America lasting from 1873 to 1877, continuing until 1879 in the French Third Republic and the United Kingdom. Economic historians debate the relative importance of the panic's several underlying causes.
Sources
- Panic of 1873 Wikipedia, revision of 2026-10-07
Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.