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MatroZZZ [7]
3 years ago
10

How did the stock market collapse affect banks

History
1 answer:
klio [65]3 years ago
6 0
During the Great Depression in the United States, when the stock market collapsed due to over-speculation, the banks were quickly "stormed" by people wanting to take out their savings--and since the banks couldn't match this demand all at once, many were forced to close. 
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