Answer:
People sold off bank stocks, making them worthless.
Explanation:
The Stock Market Crash of 1929 caused a series of bank runs which destroyed the people's trust in the banking system. It began as a rumor that the banks were unable to pay cash which then transcended to panic among customers causing them to withdraw their funds en masse. They also spent little thus causing a stagnant economy. People withdrew their cash from the banks thus causing the solvency of many banks.
Banks in turn liquidated their loans and sold their assets at very low costs.
Answer:
Explanation
Explanation:
when writing an expository peice, you are trying to explain something.
(EXP)ository : (EXP)lanation
Africa, and fighting the British in the south....
One reason President George Washington called for a policy of neutrality in the 1709s was to prevent war with France and Great Britain.
