History, 06.03.2020 22:12 Derienw6586
By 1932 nearly 9,000 American banks had failed, plummeting the nation into the worst economic disaster in American history. What was the primary reason so many banks failed during the period?
A) Great Britain and France had failed to repay the loans taken out during the First World War.
B) Many Americans failed to save money during the decade due to consumer spending on luxury.
C) Widespread embezzlement and corruption in the banking industry had depleted bank reserves.
D) Many loans were made to individuals and businesses unable to repay such loans.
E) The Federal Reserve System relaxed its monetary policies to allow American businesses to prosper during the 1920s.
Answers: 1
History, 22.06.2019 02:00
Mid to high level clouds that look like layered blankets are called
Answers: 2
History, 22.06.2019 08:30
As american population grew between 1820 and 1850, the percentage of americans living on farms also grew. a.true b.false
Answers: 2
History, 22.06.2019 11:00
What is the level of government responsible for things like police and fire, protection, and is led by a mayor or council?
Answers: 1
History, 22.06.2019 13:10
What role did consumers play in slowing the economy down in the 1920s? consumers demanded fewer goods. consumers demanded more goods. consumer demanded less expensive goods. consumer demanded better-made goods.
Answers: 2
By 1932 nearly 9,000 American banks had failed, plummeting the nation into the worst economic disast...
Chemistry, 31.08.2019 12:30
Spanish, 31.08.2019 12:30
History, 31.08.2019 12:30
History, 31.08.2019 12:30
Mathematics, 31.08.2019 12:30
Mathematics, 31.08.2019 12:30
World Languages, 31.08.2019 12:30
Chemistry, 31.08.2019 12:30
English, 31.08.2019 12:30
Physics, 31.08.2019 12:30