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ivolga24 [154]
3 years ago
15

This term refers to events that occurred during the Great Depression where panicked customers withdrew their deposits in fear th

at the banks were going to close and their investments would be lost. Example: Much of the Great Depression's economic damage was caused by nationwide ___ ___.
History
2 answers:
melisa1 [442]3 years ago
4 0

Bank run

I thought it was black tuesday

mixas84 [53]3 years ago
4 0

Answer:

The answer is bank run

Explanation:

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Pros:

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4.Every citizen was included in politics. Because they actively worked in politics, they realized its importance and how they could change their own live if they get active.

Cons:

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Only a few officials got elected. Most of them got into extremely important offices through random chance. Basically, somebody who couldn't even write was allowed to decide about the live of other citizens. That is not supposed to happen in modern democracy.

As there was no parliament elected for a longer period of time, politics were more unstable than in many western democracies.

The peoples assemblies were hard to organize. Only about a quarter of the citizens regularly attended them, whereas a real parliament allowed proportional representation of everyone all the time.

Even today, not everybody is an expert in every area of politics. So, if you still have the power to decide, you might very well mess it up, just because you don't know better. This also happened in Athens and isn't that likely in systems where elected representatives do politics professionally and are better informed.

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