How were the stock market crash and the collapse of the banking system related

2 answers:

7 0

They are related because when the stock market crashed due the the exponentially increasing stock prices and the bubble it created instead of the federal reserve flooding the us in money, like it should have, they cut off the money supply creating a worse depression

zhuklara [117]2 years ago

4 0

Many banks had invested in the market and faced significant shortfall; several faced insolvency. The Crash also prompted a run on gold deposits, further reducing the amount of deposits banks had on hand. As a result, banks curtailed their lending activities, contributing to an economic slowdown.

You might be interested in

Answer 1-3 thank you so much

GarryVolchara [31]

I believe that the answers are;

1. C
2. B
3. D
(I had these memorized xD)

Hope I helped! <3

3 0

2 years ago

The development of new monarchies in the 1400s and 1500s occurred at the same time as the growth in power and influence of

AlladinOne [14]

With the growth in power and influence of merchant and professional groups, the development of new monarchies in the 1400s and 1500s occurred at the same time.

<h3>How were the monarchies developed?</h3>

It started with the feudal structures of medieval Europe. There have been very effective landowners who received big quantities of territory via navy pressure or purchase under feudalism. These landowners have become high-rating lords, and one in all of them became king.

Hence, The development of new monarchies in the 1400s and 1500s occurred at the same time as the growth in power and influence of merchant and professional groups.

learn more about monarchies here:

brainly.com/question/3710014

#SPJ4

6 0

1 year ago

What is this map showing?

prohojiy [21]

The map is showing the confederate & union states so it’s a

8 0

2 years ago

To what does the writer compare the United States in this paragraph?

NeTakaya