1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dovator [93]
3 years ago
7

Why do banks depend on the deposits of account holders? And how does lending money to stockbrokers lead to a major problem at th

e end of the 1920s?
History
1 answer:
arsen [322]3 years ago
8 0

Answer:

A commercial bank is a financial institution that grants loans, accepts deposits, and offers basic financial products such as savings accounts and certificates of deposit to individuals and businesses. It makes money primarily by providing different types of loans to customers and charging interest.

The role that the central bank—the Federal Reserve System—and its managers played in the catastrophe of the 1920s and 1930s is largely unknown and therefore unappreciated. Other observers, for example, many Austrian economists, believe that all the trouble started with a central bank “inflation” in the 1920s.

Explanation:

(i answerd quickly because i had the same assiment!)

Hope this helps you!

You might be interested in
Which statement most accurately describes the encounter between Hernan Cortes and the Aztecs?
Soloha48 [4]
<span>Hernán Cortés is one of the most well-known Spanish conquistadors. He is best remembered for conquering the Aztec empire and claiming Mexico for Spain. He also helped colonize Cuba and became a governor of New Spain.</span><span>
The Spanish scorned the Aztecs' religion and sought to convert them to Christianity</span>
7 0
3 years ago
Read 2 more answers
Which of the following describes a primary cause of the Neolithic Revolution?
Vesnalui [34]
The answer among these options that describes a primary cause of the Neolithic Revolution is C) the extinction of animals that people hunted.
3 0
3 years ago
Read 2 more answers
What might be a far-reaching result if the court decided in favor of the speaker?
OverLord2011 [107]
<span>Since the decision of the Speaker of the House, John William McCormack, was to ask the high chamber member Adam Clayton Powell Jr. not to take an oath, because of the previous scandal in which Powell had been involved; If the jury had decided in favor of Speaker McCormack, the way of operating in the congress would have been questioned, since only one member could be expelled according to what the constitution says, and not by the decisions of the speaker. <span>The scope would have been very large if it failed in McCormack's favor, giving a sense of illegality or favoritism, and voters would feel that their representatives were not respected.</span></span>
5 0
3 years ago
Help plz..................​
timurjin [86]

Answer:

i cant see the question i helped plz.......

Explanation:

3 0
3 years ago
(tco 4) international law consists of _____ and established customs recognized by most nations.
Andreyy89

Treaties and established customs recognized by most nations are some of the things that are included in international law.

International organizations and sovereign states usually enter a treaty, an agreement under international law. A treaty has a lot of known names such as exchange of letters, protocol, agreement, pact, convention, or covenant.

5 0
3 years ago
Other questions:
  • Where do you stand? do you think eu subsidies and soft loans to airbus are fair? why or why not? what advantages does airbus gai
    15·1 answer
  • Identify Rome<br><br>1.<br>2.<br>3.<br>4.<br>5.​
    13·1 answer
  • Tecumseh was chief of the
    11·1 answer
  • In the 1850's who proposed a compromise for california to join the union as a as a free state
    9·1 answer
  • Why might Franklin see hope as impractical or even dangerous?
    14·1 answer
  • Select the correct locations on the map.
    11·2 answers
  • Which effect did the labor union that Lech Wales’s led in Poland have on the country
    14·1 answer
  • Please help me with history​
    10·1 answer
  • What privilege do people have based on their identity?
    12·1 answer
  • Early labor unions were
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!