What began the panic of 1893? A) high tariffs drove up costs and caused inflation
B) gold dropped below a certain level in the US treasury
C) the gold standard was reinstated
D) the US government instituted unlimited silver coinage

The answer is The Panic of 1893 was a national economic crisis set off by the collapse of two of the country's largest employers, the Philadelphia and Reading Railroad and the National Cordage Company. Following of the failure of these two companies, a panic erupted on the stock market.