Which best explains why the federal government could not limit the economic
crash and depression that followed the Panic of 1837?
OA. The federal government had invested too much money in
improvements and had no savings.
OB. The federal government had restricted individual states from
having their own banks.
O(C. The United States had no central bank that the government could
use to control the economy. - Correct)
D. The United States had its funds tied up in banks that were backed
mainly by European investors.