What was the effect of bank runs & bankruptcy after the Stock Market Crash of 1929? The banks' customers could not repay their loans.

People sold off bank stocks, making them worthless.

People stopped taking out loans because they were bankrupt.

The Federal Reserve Board reduced how much money it gave banks to loan.

People sold off bank stocks, making them worthless.

Explanation:

The Stock Market Crash of 1929 caused a series of bank runs which destroyed the people's trust in the banking system. It began as a rumor that the banks were unable to pay cash which then transcended to panic among customers causing them to withdraw their funds en masse. They also spent little thus causing a stagnant economy. People withdrew their cash from the banks thus causing the solvency of many banks.

Banks in turn liquidated their loans and sold their assets at very low costs.

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explanation:

the right answer for the question that is being asked and shown above is that: "their policy of "divide and rule" pitted political groups against each other to keep any one group from becoming too powerful.  " the  participant in european imperialism is being described below is that  their policy of "divide and rule" pitted political groups against each other to keep any one group from becoming too powerful.