Question

how did the panic of 1837 increase northern resentment against southerners? select all that apply.
enslayers (mostly from the south) failed to take out insurance on slaves transferred from the \old south\ to the \southwest\ - which created huge losses once famine spread in the south during the panic
enslayers (mostly from the south) created a credit bubble in slave mortgages that burst in the panic
southern state governments refused to fulfill their promises to guarantee failing state banks
southern state governments nullified loans given from their state banks to anyone who was not a resident of their states, which led to many northerners losing their investments.
enslayers (mostly from the south) created a credit bubble by taking out loans based on projected future cotton profits; these profits did not come about once british cotton buyers started to buy less cotton.
many southerners had worked against a national bank, favoring local banks instead. some northerners resented this, as they viewed a national bank as a means of stabilizing the economy, especially during a panic.

question 2
what was the difference between the task system and the gang system?
the gang system assigned slaves specific jobs to finish on a particular day, allowing them time off if completed early; the task system forced slaves to work all day under the harsh treatment of the task - master.
the task system allowed slaves to complete their mandatory work, then have the rest of the day for themselves; the gang system was based on an overseer closely supervising the slaves, who worked all day.
the task system allowed slaves to work alongside their masters as near - equals on the farm/plantation; the gang system forced slaves to work only with other slaves (the gang) in non - agricultural work.
the gang system was a term used to describe the retrieval of a group of fugitive slaves (the gang); the task system was a term used to describe the quasi - courts assembled by plantation owners to put recovered fugitive slaves on trial for disloyalty.

Explanation:

• For the first question:
• The Panic of 1837 was a financial crisis. Southern enslavers creating a credit bubble (in slave mortgages or based on cotton profits) that burst affected the economy. Southern state - government actions like refusing to guarantee state banks or nullifying non - resident loans also had negative impacts. Southern opposition to a National Bank (seen as a stabilizer by some Northerners) added to resentment.
• Insurance on slaves (first option) is not a main reason for northern resentment as described in common historical accounts of the Panic's impact on regional relations.
• For the second question:
• The Task System was about slaves having a set task and then free time. The Gang System involved close supervision and all - day work.
• The first option in the second question has the systems reversed. The third option about working as near - equals is incorrect. The fourth option's description of the Gang System as about fugitive slaves is wrong.

Answer:

• First question:
• Enslavers (mostly from the South) created a credit bubble in slave mortgages that burst in the Panic.
• Southern state governments refused to fulfill their promises to guarantee failing state banks.
• Southern state governments nullified loans given from their state banks to anyone who was not a resident of their states, which led to many Northerners losing their investments.
• Enslavers (mostly from the South) created a credit bubble by taking out loans based on projected future cotton profits; these profits did not come about once British cotton buyers started to buy less cotton.
• Many Southerners had worked against a National Bank, favoring local banks instead. Some Northerners resented this, as they viewed a National Bank as a means of stabilizing the economy, especially during a Panic.
• Second question: The Task System allowed slaves to complete their mandatory work, then have the rest of the day for themselves; the Gang System was based on an overseer closely supervising the slaves, who worked all day.