During the early 1870s, the nation suffered an economic .

During the early 1870s, the nation suffered an economic Crisis.


This was also know as the Panic of 1873 which started from Vienna, the capital of the Austro-Hungarian capital.

The Panic turned into a recession which spread all over the Austro-Hungarian Empire and eventually the whole of Europe.

The United States which at this time, was dependent on Europe for much of trade quickly got caught in the turmoil.

It was considered the greatest recession in US history until it was overtaken by the Great Depression.

Uh

Ithink it is 4. making colonies.