1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bekas [8.4K]
3 years ago
14

Why did so many banks collapse at the beginning of the great depression

History
1 answer:
Aneli [31]3 years ago
5 0
economic depression deepened in the early 30s, and as farmers had less and less money to spend in town, banks began to fail at alarming rates. During the 20s, there was an average of 70 banks failing each year nationally. After the crash during the first 10 months of 1930, 744 banks failed – 10 times as many.

Hope this helps 
You might be interested in
Which statement best describes the main idea of the above quotation
velikii [3]
There is nothing attached, therefore we cant help you because we cant see the statement.
7 0
2 years ago
Which of the following BEST describes the purposes of the 14 executive departments? A. to create and enforce the laws in their g
Elanso [62]
I know I'm a little late (sorry!) but the answer is B.
4 0
3 years ago
Read 2 more answers
Choose the right answer to complete the sentence. Nixon resigned the presidency in August 1974 because he was removed from offic
yaroslaw [1]

Answer:

because he realized his presidency could not survive.

Explanation:

8 0
2 years ago
What was the role of the bombing of Hiroshima and Nagasaki in World War II?
Alex787 [66]

Answer:

It led to the unconditional surrender of Japan.

Explanation:

8 0
2 years ago
Which of the following BEST describes the economic situation for most African Americans in the South following the Ciivi War?
SpyIntel [72]

Answer:

B Many African Americans were sharecroppers and did not have economic

autonomy.

Explanation:

5 0
2 years ago
Other questions:
  • Idea that government should play as small a role as possible in economic affairs
    12·1 answer
  • Time Remaining
    12·1 answer
  • Which civil rights leader became the first black Supreme Court justice?
    6·2 answers
  • Which british act was most offensive
    7·2 answers
  • Which factor most contributed to the creation of new nations following the Second World War
    6·1 answer
  • The National Equal Rights League was founded by
    8·2 answers
  • What led to the passage of the Pendleton Act?
    8·2 answers
  • 9. What role does social media play in identifying issues?
    14·1 answer
  • Does this violate the first amendments freedom of religion? why or why not?
    14·1 answer
  • Abolishing discrimination within the U.S. military was he primary goal of Truman's Executive Order 9981. What was a secondary go
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!