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konstantin123 [22]
3 years ago
8

What caused so many banks to fail

Social Studies
2 answers:
scoray [572]3 years ago
8 0

Explanation:

The most common cause of bank failure occurs when the value of the bank's assets falls to below the market value of the bank's liabilities, which are the bank's obligations to creditors and depositors. This might happen because the bank loses too much on its investments.

NikAS [45]3 years ago
3 0

Answer:

They went bank rupt or not a lot of people came to there banks

Explanation:

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