What triggered the Panic of 1907? (1 point)

Question

• a wave of deregulation under the Reagan Administration
• news of J.P. Morgan staking his own money on the banking system
• a failed attempt by United Copper Company to take control of the copper market
• the movement from the Gold Standard to fiat money

Answer 1

The correct answer is: a failed attempt by United Copper Company to take control of the copper market.