What was one reason many banks failed during the early 1930s?

A.

Banks had made risky loans and stock market investments.

B.

Banks were overregulated by the federal government.

C

Large banks had formed a monopoly.

D

Banks charged high interest rates for loans.

Question

Hailie Patton

28 September, 06:58

+1

Answers (1)

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Julina · Answer 1

I'd say it's probably A

Lmk if I was right

What was one reason many banks failed during the early 1930s?A.Banks had made risky loans and stock market investments.B.Banks were overregulated by the federal government.CLarge banks had formed a monopoly.DBanks charged high interest rates for loans.