How did many banks fail consumers in the stock market crash of 1929? Banks had invested customer savings in the stock market, losing depositors’ money in the crash. Banks refused to pass on profits made in the stock market to depositors, keeping the money. Banks refused to issue loans to help investors pay for their financial losses in the crash. Banks only paid a small portion of insurance owed to depositors for their financial losses.

What is one way the spanish war of independence encouraged those in the colonies to seek new political and economic rights? colonies took advantage of spain’s weakened ability to prevent rebellion. the disruptions caused by the war encouraged colonial merchants to seek markets in the pacific. the exposure to french ideas through the war convinced many in spain to provide these liberties to the colonies. the war with france made spain tighten their political and economic hold on the colonies in desperation.

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Which agency is under the authority of the department of labor? sec osha epa fda