What was not a cause for the financial and banking instability in the united states between 1836 and 1863?

During this time, economy was not the cause of the financial and banking instability in the United States. A bank war was going on in the US were some of the founding fathers were not fond of the idea of having banks. They think that it would only become the source of corruption. Because of the bank wars, the country suffered recession which lasted in the early 1840’s

for starters, there is the structural trend of rising primary government expenditure as a share of gdp, which reached 36% in 2014, up from 22% in 1991. this increase reflected a political desire to address the poverty and inequality that had gone unaddressed during previous decades. to support the increase, brazil’s government increased taxes on consumption and promoted progress toward labor-market formalization. nonetheless, public investment, particularly in infrastructure, took a hit. in fact, with the exception of the 2005-2008 period, total investment as a share of gdp has remained below 20% since 1991.

those who allied with france gained land and power.