Which was a cause of banks going bankrupt in the panic of 1837?

The Panic of 1837 was a financial crisis in the United States that touched off a major recession that lasted until the mid-1840s. Profits, prices, and wages went down while unemployment went up. Pessimism abounded during the time. The panic had both domestic and foreign origins. Speculative lending practices in western states, a sharp decline in cotton prices, a collapsing land bubble, international specie flows, and restrictive lending policies in Great Britain were all to blame. On May 10, 1837, banks in New York City suspended specie payments, meaning that they would no longer redeem commercial paper in specie at full face value. Despite a brief recovery in 1838, the recession persisted for approximately seven years. Banks collapsed, businesses failed, prices declined, and thousands of workers lost their jobs. Unemployment may have been as high as 25% in some locales. The years 1837 to 1844 were, generally speaking, years of deflation in wages and prices. Hope this helps.

facts: the 14th amendment

the 14th amendment addresses citizenship rights and equal protection of the laws.

the 14th amendment was intended to protect the rights of former slaves after the american civil war.

the 14th amendment was approved by congress in june of 1866 and ratified by the states on july 9, 1868.

the 14th amendment establishes that all persons born in the united states are citizens and are guaranteed all the rights of citizenship.

the 14th amendment establishes that the law protects all citizens equally.

in this case the passage of the 14th amendment   that was violated was the last part in which it states that there is equal protection of the law.

answer; protectionism fosters competition and keeps price regulated;