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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 
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Why was it difficult to get North Carolinians to agree to ratify the Constitution?
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Answer:

It was difficult for North Carolina to agree to ratify the constitution because the constitution lacked the bill of rights

Explanation:

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The federalist wanted to keep the country from dissolving, hence they decided to strengthen the powers of the federal government, Their argument was that the powers in the articles of confederation granted to them were insufficient. so they convened to debate on whether to ratify the constitution drafted in 1787, or reject it.

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