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Why were banks one of the first institutions to feel the effects of the stock market crash?

Why were banks one of the first institutions to feel the effects of the stock market crash?
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1 vote
Why were banks one of the first institutions to feel the effects of the stock market crash?

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User Erin Delacroix
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1 Answer

6 votes
I think its
Frightened depositors feared for their money and tried to withdraw it from their banks.
answered
User RoToRa
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