How did the panic of 1819 create conflict between members of the democratic-
republican party?
o
a. northern industrialists wanted high tariffs, southern plantation owners
did not
o
b. southern plantation owners wanted a national bank; northerner
industrialists did not.
c. southern plantation owners wanted to abolish debtors' prisons;
northerner industrialists did not
d
northern industrialists wanted more states' rights: southern plantation
owners did not.

The  1819 Panic was the first financial crisis in the U.S. which brought about a conflict between the members of the Democratic-Republican party. This was because the Northern industrialist wanted high tariffs compared to the southern plantation who were not for the idea. The Panic was the first major peacetime financial crisis in the U.S. that exacerbated tensions within the Republican Party. The Panic further provoked sectional tensions as the northerners advocated for higher tariffs, unlike southerners who rejected their support for the nationalistic economic programs.

when a country suffers, for example, a drought period, the market product is affected for a low offer, in this case, potatoes; the government has to tax to the households, which have to give more money for the potatoes which they consume, that situation make them consume substitute goods even through loans, it could increase the financial market movement and the inflationary phenomena, the business has to increase salaries in order to the employees could buy a more expensive food (potatoes) and in order to inflation tha business had to buy expensive supplies in the factor market, while the rest of the world have to gain more money to consume the same amount of potatoes.

answer: hamilton

explanation: