During the winter of 1932-1933, the Depression Select one: a. Showed some signs that the crisis might be over. b. Deepened, with neither the lame duck president nor the president-elect able to act effectively. c. Caused food riots in the cities of the Northeast. d. Led to closure of 60 percent of the nation's banks. e. Led to the deaths of over 2,000 homeless people in cities (from exposure) across the nation.

Question

History

Guest

21 April, 02:32

During the winter of 1932-1933, the Depression Select one: a. Showed some signs that the crisis might be over. b. Deepened, with neither the lame duck president nor the president-elect able to act effectively. c. Caused food riots in the cities of the Northeast. d. Led to closure of 60 percent of the nation's banks. e. Led to the deaths of over 2,000 homeless people in cities (from exposure) across the nation.

+4

Answers (2)

Know the Answer?

Micaela Vaughan · Answer 1

D. Led to closure of 60 percent of the nation's banks.

Explanation:

During the winter, in the depression that occured in between 1932 - 1933, the nations banking system began to collapse as banks who had invested heavily in stocks or offered mortgage loans on property to individaul, now turn worthless and failed.

Hence, in the winter, the depression during this period resulted to closure of 60 percent of the nation's banks.

It is part of the Great Depression starting from 1929, it is as a result of many various underlying issues with the nation's economy.

Damion Mckinney · Answer 2

D

Explanation:

Led to closure of 60 percent of the nation's banks