subject
History, 04.09.2019 03:30 issagirl05

Respond to the following based on your reading. thousands of banks failed during the first few years of the great depression for a few reasons. some of the banks recklessly invested depositors’ money in the stock market, and when the stock market crashed, the banks were left without cash to operate. others suffered from the panicking public, where depositors rushed to banks to withdraw all of their money. since banks operate on a fractional reserve system, the banks could not give all deposited money back and had to close. fractional banking is the system all banks follow, where only a fraction of deposited money is kept physically at a bank while the rest is made available for loans and investment. why did the author of this graph include information for 1920 and 1925? what caused the large drop from 1933 to 1934? why might the failure rate have been so low in 1935, compared to 1920 and 1925?

ansver
Answers: 1

Another question on History

question
History, 21.06.2019 22:50
How did philip ii view the religious rights of protestant citizens in his empire
Answers: 1
question
History, 21.06.2019 23:50
Which triat did the northeast woodland indians have in common with the southeast indiana
Answers: 3
question
History, 22.06.2019 01:50
The system of checks and balances was designed for what purpose? fear of strong state power to keep power out of one branch to appease the southern states to allow the judicial branch to have equal power
Answers: 2
question
History, 22.06.2019 07:50
Which of the following describes a difference between an essay's body paragraph and its conclusion? o a. body paragraphs first introduce evidence, while a conclusion simply reminds readers of evidence. b. body paragraphs act as hooks for the reader, while the conclusion simply restates the essay's claim. c. body paragraphs can be any length, while the conclusion has a set number of sentences. d. body paragraphs restate the essay's claim, while the conclusion proposes claims for future essays.
Answers: 1
You know the right answer?
Respond to the following based on your reading. thousands of banks failed during the first few years...
Questions
question
History, 15.01.2020 05:31
question
Mathematics, 15.01.2020 05:31
question
Social Studies, 15.01.2020 05:31
question
Mathematics, 15.01.2020 05:31
Questions on the website: 13722362