Many banks had invested in the market and faced significant shortfall; several faced insolvency. The Crash also prompted a run on gold deposits, further reducing the amount of deposits banks had on hand. As a result, banks curtailed their lending activities, contributing to an economic slowdown.
Answer: The end of the Civil War in 1865, fought between the North and the South, spurred many changes in farming in the South. There was a drive for the South to renew and regain what had been lost due to the war. And Leaders then saw it as a time to diversify and turn towards industrialization.
Answer:
Explanation:
it depends on what industry. but industries that helped us a lot were for farming. helped us grow better crops and helped farmer make a iving. some industries helped us grow our cities or state. provided better pay and jobs
