In a direct democracy all the people who have the right to vote vote on a government policy: this would typically be all citizens above certain age. (In the past it could be only men...)
This is the case in the referendums in Switzerland, they vote directly!
Banks failed in the 1930's because when the stock market crashed in 1929, they had lost thousands of dollars. You see, the banks had invested their customer's money in the stock market and lost it all when it crashed. Then, people came looking for their money to pay off their own debt, but the banks couldn't because they themselves did not have any money. So banks often suffered because they were in debt.
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rugby union and cricket is popular sport of Sri Lanka
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1. Ohrdruf 2. a group that helped survivors immigrate illegally to Palestine