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Sliva [168]
3 years ago
12

What did customers not repaying loans do to banks?

History
2 answers:
Nikolay [14]3 years ago
5 0

Answer:

If the borrowers do not repay a loan, the bank will seize their collateral. Hence, the consequence of not paying a secured loan is simple: you will lose whatever collateral you put up for the loan. Most Regular Singaporeans Take Unsecured Bank Loans It is impractical for a bank to demand secured loans for small sums like S$10,000 or S$20,000.

Explanation:

erik [133]3 years ago
3 0

Answer:

The banks' customers could not repay their loans.

People sold off bank stocks, making them worthless.

People stopped taking out loans because they were bankrupt.

The Federal Reserve Board reduced how much money it gave banks to loan.

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<u>Explanation:</u>

In pursuit of riches Europeans migrated to North America and broadened their impact on world relations. Christopher Columbus's Spanish expedition was the first Europeans to discover this new land, and the first to colonize what is now the United States. Nearly 1000 A.D. The Vikings moved from the British Isles to England and set up a settlement in North America.

In colonizing North America, the French preceded the other two nations. Spain settled in Mexico and Florida along the west coast. Great Britain settled eastern coast where the thirteen colonies were established. France was settled throughout the Great Lakes and the thirteen colonies to the west.

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4 years ago
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scoundrel [369]

Answer:

Conquering

Explanation:

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sukhopar [10]

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