Ask Question
4 November, 21:41

11. How did the stock market crash of 1929 lead to an increase in bank failures in the early 1930s?

+2
Answers (1)
  1. 5 November, 00:21
    0
    The stock market cash led many people to withdraw their deposits/take out loans from the banks. And because people could not pay the banks back for this, it ultimately lead to banks not having enough money to function.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “11. How did the stock market crash of 1929 lead to an increase in bank failures in the early 1930s? ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers