What was the Panic of 1837 and what was its significance?

Explanation:

The Panic of 1837 was a financial crisis, or market correction, driven by speculative fever. Inflation became rampant after federal deposits to the Second Bank of the United States were withdrawn, based on the assumption that the government was selling land for state bank notes of questionable value.

i'd assume india mainly because of how isolated japan was.   plus it is a whole china away.

native americans suffered high rates of poverty and unemployment.

during the late 1960s and early 1970sthe need for political militancy grew among the native americans. throughout the 1960s, they had been the nation's poorest minority group, the most deprived group, according to practically every socioeconomic measure. in 1970, the indian unemployment rate was 10 times the national average, and 40 percent of the native american people were below the poverty line.