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klemol [59]
4 years ago
12

Why were bank failures common during the Depression?

History
2 answers:
il63 [147K]4 years ago
6 0

Answer:

b

Explanation:

people took loans and when you get a loan you have pay it back, no money to give out= bank failures

AysviL [449]4 years ago
3 0

Answer: Many people could not pay what they owed to banks.

Explanation:

the "run on the banks" led to a lack of funds and banks failed, Americans lost their life savings; money in banks were not insured.

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