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History, 04.03.2021 01:40 jacky852

HOW DID THE STOCK MARKET CRASH CONTRIBUTE TO BANK FAILURES. A . Investors who had lost their money in the stock market did not have enough money to pay the banks for the loans they took.
B. Banks made the decision to close many branches because people were investing in the stock market and not putting their money in banks
C. The government suspended trading on the stock market leaving the banks no way to get no money they had invested in the market.
D. Companies used profits they made in the stock market to start new types of banks causing established banks to close.

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