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Nuetrik [128]
3 years ago
13

How was the banking industry affected by the Great Depression?

Social Studies
2 answers:
Zinaida [17]3 years ago
8 0
Ans: Another phenomenon that compounded the nation's economic woes during the Great Depression was a wave of banking panics or “bank runs,” during which large numbers of anxious people withdrew their deposits in cash, forcing banks to liquidate loans and often leading to bank failure.
Naily [24]3 years ago
4 0

Answer:

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. During the 20s, there was an average of 70 banks failing each year nationally. After the crash during the first 10 months of 1930, 744 banks failed – 10 times as many.

Explanation:

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Rachel is a very optimistic young woman. She usually expects the best, even in uncertain times. Her college roommate, Leah, is p
pav-90 [236]

Answer:

Rachel is going to succeed in her finals. She will do great. On the contrary, Leah is likely to fail her exams.

Explanation:

Pessimism is defined as a tendency to believe or think that something wrong will happen. Pessimistic people are quite negative and they always think that bad things outweigh good things. If Leah always expects the worst, the worst will happen. In contrast, Rachel always expects the best, as a result, the best will happen or it is more likely to happen. If you desire good things, good events will happen. If not, the opposite will occur. This is how the law of attraction works: you attract things that vibrate on the same frequency. Therefore, if you maintain a high frequency (like Rachel, expecting the best from life), you will find good things (love, compassion, positivity). If you are constantly vibrating low (negative emotions, feelings, like Leah), there will be inevitably bad outcomes.  

5 0
4 years ago
What is similar about republics and constitutional monarchies ?
wariber [46]
Well, both of them have a head of government, both run off of constitutions, and often constitutional monarchies have elected officials similar to a republic.
6 0
4 years ago
What were the economies of the US and Europe <br><br>like at the end of the world war 2 ?
Art [367]

Explanation:

America's involvement in World War II had a significant impact on the economy and workforce of the United States. American factories were retooled to produce goods to support the war effort and almost overnight the unemployment rate dropped to around 10%.

4 0
3 years ago
When Judy's professor failed to recognize that Judy had her hand raised to answer a question, Judy began to think her professor
faltersainse [42]

Answer:

belief perseverance              

Explanation:

Belief perseverance: In psychology, the term belief perseverance is defined as the propensity of an individual to hold on his or her former beliefs even after encountering new information that generally disconfirms the earlier beliefs.

An individual who is experiencing belief perseverance tends to think that whatever he or she is thinking or holding the belief is true in regards to something, therefore whenever a person finds a valid contradiction about his or her belief then the person chooses to dismiss, discredit, or misinterpret.

In the question above, Judy's reaction BEST illustrates the belief perseverance.

3 0
4 years ago
What's Obama's last name?<br>​
nirvana33 [79]

Answer:

obama is the last name

.

7 0
3 years ago
Read 2 more answers
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