MoshLenzi7da
Answered

Which of the following was the defining moment that started the Panic of 1893?.
major corporate monopolies fell apart.
income tax rates were raised across the board.
the closing of the Reading Railroad.
bank dividends came to an end for borrowers.

Answer :

WorldlyGlass49
The correct answer should be the closing of the Reading Railroad.

Since the Reading Railroad went into receivership, many banks that depended on the railroad company's income started going bankrupt and failing at business endeavors which led to their closing which caused the Panic of 1893.
XxLordfishsticKxX

The closing of the reading railroad caused many banks that were investing in it to go bankrupt and then on a long chain of things that went horribly wrong to cause the HUGE panic of 1893. Pls mark branliest even though this is 3yrs late LOL.

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