What caused economic depression is in the late 1800s

there was plenty of goods but not enough money APEX

Explanation:

considered the turning point in pacific war. the japanese tried to lure the american navy out so it could be destroyed but failed. the americans were led by admiral chester nimitz. the victory by america would put them on the offensive for the remainder of the war.

one of the main reasons was definitely slavery. back in 1861, republican abraham lincoln was elected and ended up being a major influence in the slavery business. slavery greatly affected the texas economy because back in 1845 during the annexation of texas, slaves became a big part of the texas population. many texans that were in favor of the secession influenced groups through party ties.