<p>Read document and complete task. You may use textbook, AMSCO online or google to find iformation on the Panic of 1819 if you need to.</p><p>“The accounts…given…of the depredations committed by bankers will make you suppose that affairs are much deranged here…</p><p>The money in circulation is puzzling to traders, and more particularly to strangers: for besides the multiplicity of banks, and the diversity is supposed value, fluctuations are so frequent and so great that no man who holds it in his possession can be safe for a day…Trade is stagnated, produce cheap, and merchants find it difficult to lay in assortments of foreign manufactures…Agriculture languishes- farmers cannot find profit in hiring laborers…Laborers and mechanics are in want of employment…The operations of bankers and the recent decline in trade have been effective causes of poverty.”</p><p>-James Flint, visitor from Scotland, Flint’s Letters From America, May 4, 1820</p><p>Using the excerpt, answer a, b and c</p><p>A. Briefly explain how ONE of the following was affected by the Panic described above</p><p> Nationalism</p><p> Era of Good Feelings</p><p> The West</p><p>B. Briefly explain how ONE of the following was popularly considered the primary cause of the Panic</p><p> Second Bank</p><p> Land Speculation</p><p> Inflation</p><p>C. Briefly explain ONE action recommended in response to the cause of the Panic you identified in part B.</p>