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ZanzabumX [31]
3 years ago
14

11. How did the stock market crash of 1929 lead to an increase in bank failures in the early 1930s?

History
1 answer:
Lyrx [107]3 years ago
6 0

The stock market cash led many people to withdraw their deposits/take out loans from the banks. And because people could not pay the banks back for this, it ultimately lead to banks not having enough money to function.

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