subject
History, 02.07.2020 20:01 claytonhopkins

How did many banks fail consumers in the stock market crash of 1929? Banks had invested customer savings in the stock market, losing depositors’ money in the crash. Banks refused to pass on profits made in the stock market to depositors, keeping the money. Banks refused to issue loans to help investors pay for their financial losses in the crash. Banks only paid a small portion of insurance owed to depositors for their financial losses.

ansver
Answers: 1

Another question on History

question
History, 21.06.2019 22:30
Select the correct answer from the drop-down menu.during the (scientific revolution, renaissance, industrial revolution), european intellectuals rejected many teachings of ancient scientists promoted by the church. to replace flawed theories, scientists began researching and conducting experiments. they used critical and reasonable thinking to draw concrete conclusions. this also led to the (scientific revolution, industrial revolution, enlightenment). it was an age that focused on using reason for understanding laws of nature and identifying humans' natural rights.
Answers: 1
question
History, 22.06.2019 01:00
Who recommended that president bill clinton be impeached?
Answers: 1
question
History, 22.06.2019 04:30
Which of the following arguments did thomas paine include in common sense
Answers: 3
question
History, 22.06.2019 06:30
Lucia drew a diagram to compare animal cells and plant cells. which label belongs in the area marked y? golgi body cell wall chloroplasts flagellum
Answers: 1
You know the right answer?
How did many banks fail consumers in the stock market crash of 1929? Banks had invested customer sav...
Questions
question
Mathematics, 18.04.2020 02:42
question
Mathematics, 18.04.2020 02:42
Questions on the website: 13722367