Answer:
A combination of unpaid loans, bad debts, and mass withdrawals
Explanation:
Deflation increased the real burden of debt and left many firms and households with too little income to repay their loans. Bankruptcies and defaults increased, which caused thousands of banks to fail. In each year from 1930 to 1933, more than 1,000 U.S. banks closed.
False, a tariff is a tax on imports not a limit placed on the number of imports allowed.
Answer:
The Fugitive Slave Act and the Great Compromise both threatened the future for slavery as they galvanized northern abolitionists.
Explanation:
