A major result of the bank failures that followed the stock market crash in 1929 was that "<span>There wasn't enough money in circulation to support a healthy economy," since people had completely lost faith in the banking system.</span>
8. What was a result of the bank failures that followed the stock market crash in 1929?
Explanation:
<u><em>The result of the fall of the Stock Exchange in 1929 were</em></u>: <u>The Great Depression, and an economic crisis worldwide.
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<u>The cause of the Great Depression was due to the crisis that originated in the United States, from the fall of the Wall Street stock market of 1929.
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<em><u>But the problem was not only in New York, this moved to almost every country in the world as a domino effect.
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