How did the stock market crash of 1929 contribite to bank failures?
a. investores who had lost...
Social Studies, 19.10.2019 14:30 alialbinn6969
How did the stock market crash of 1929 contribite to bank failures?
a. investores who had lost money in the stocj market did not have the money to repay the banks for the loans they took
b. banks made the decision to closs many branches because people were investing in the stock market and not putting their money in banks.
c. the government suspended trading on the stocm market, leaving the banks no way to get the money they had invested in the market.
d. companies used the profits they made in the stock market to start new types of banks, causing established banks to close.
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