Which was a cause for the decline in the amount of currency in

History

1 answer:

bogdanovich [222]3 years ago

8 0

Answer:

Explanation:

After the stock market crash on October 29, 1929, banks began to fail in 1930, which caused a massive, nation-wide demand on banks as depositors hurried to convert their savings into currency. “Buying on margin,” whereby investors buy shares on credit and use loans to pay, further destabilized the market.

You might be interested in

The New Woman of the 1920s

Lemur [1.5K]

Today the easily recognized image of the flapper symbolizes the 1920s for many people. The flapper—with her short skirts, short hair, noticeable makeup, and fun-loving attitude—represented a new freedom for women. ... However, the average woman did wear the fashions made popular by flappers.

7 0

3 years ago

Based on the excerpt provided, what is the main purpose of the speech?

Igoryamba

Explanation:

Incomplete question. However, remembering that an excerpt represents a short s extraction of a full speech, music or film and the likes.

This represented the objective of the American war, and how it gave hope in the following years to a war-wearied people because they knew they were fighting for freedom.

7 0

3 years ago

. How did the Agricultural Revolution spread to Europe from the Middle East? A)when farming schools were established B)as a resu

Sati [7]

Answer:

Explanation:

through cultural diffusion

4 0

3 years ago

THE FIRST TIME JOHN LEWIS AND I INTEGRATED THE BUSES

mr Goodwill [35]

Answer: