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AnnyKZ [126]
3 years ago
13

9. what made the failure of the freedman's savings and trust company (fstc) in 1874 so tragic

History
1 answer:
Marat540 [252]3 years ago
7 0
It had no financial insurance and used only cash so when they crashed everyone who didnt get there before they ran out of cash pretty much lost all of the money they placed there 
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