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
ra1l [238]
3 years ago
11

Why did the banks closed down after the crash​

History
2 answers:
Kobotan [32]3 years ago
6 0

As the economic depression deepened in the early 30s, and as farmers had less and less money to spend in town, banks began to fail at alarming rates. ... After the crash during the first 10 months of 1930, 744 banks failed – 10 times as many. In all, 9,000 banks failed during the decade of the 30s.

( Note : this was taken from a source )

I hope this helped out, have a nice day! :)

Ivan3 years ago
6 0

Answer: They had invested depositer's money in the stock market and made loans to stock speculators to invest

Explanation: Hope this helps :)

You might be interested in
How does raisin taxed lead to inflation ?
Alex17521 [72]

Answer:

At the most general level, tax increases are price increases by government, and price increases increase inflation, they don't reduce it. ... So an increase in these taxes has the direct effect of increasing the measured rate of inflation.

Explanation:

8 0
3 years ago
Which statement is true of the 1862 homestead act
frozen [14]
"<span>C) It held homesteaders responsible for contributing to the completion of the transcontinental railroad" is not true, since the act had to do only with land acquisition. 

</span>
8 0
3 years ago
A monarchy could also be considered a dictatorship if which of the following also occurred?
Katyanochek1 [597]

A monarchy could also be considered a dictatorship then the monarch was absolute and authoritarian.

A monarchy or crown is a reign that is passed down from one generation to the next, whereas a dictatorship is an office that has been obtained via force. But when the monarch turned into a dictatorship, he became the only figurehead in the country. All authority is vested in him. He become absolute and authoritarian.

In such nations, either a monarchy (monarchy) or a dictatorship (dictatorship) are in place, either of which is in charge of the entire nation. Although there are certain exceptions to this rule in a number of nations, both of these regimes are thought to violate citizens' rights. Under these regimes, there is no constitutionally elected government.

To learn more about monarchy here

brainly.com/question/10740346

#SPJ1

8 0
1 year ago
Which nation was part of germany's western front?
olga55 [171]
In WWII Belgium or France, in WWI Belgium
3 0
3 years ago
Should women’s suffrage be a higher or lower priority
Papessa [141]
There’s no correct answer. It’s your opinion
4 0
2 years ago
Read 2 more answers
Other questions:
  • What were two of the important points found in the Monroe Doctrine?
    12·2 answers
  • How was palm oil produced in sub-Saharan Africa used to Europe’s economic advantage? Please, please, PLEASE, don't pull it out o
    10·1 answer
  • Star Wars was the name given to which Reagan effort?
    6·2 answers
  • Each of the following is a TRUE statement except: A. No nation has a pure market economy. B. The black market appears in every n
    8·2 answers
  • How was raegan different from nixon​
    8·1 answer
  • 1.What is a definition of citizenship? A.having been born in a country B.being a full and equal member of a nation C.having pled
    14·1 answer
  • Many historians think the Athenian people made their greatest achievements in art, literature, and politics between 460 and 429
    5·1 answer
  • Which statement accurately describes Spain’s support of the colonists throughout the American Revolution?
    12·2 answers
  • Based on this excerpt, what was the main reason Texas decided to join the Confederacy?
    10·1 answer
  • Discuss how Africans used religion to resist colonialism with reference to African independent churches, Negro spirituals and th
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!