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2 votes
A ___ ___ would occur when depositors rush on their banks, trying to be one of the lucky few to withdraw their monies while the banks still have and reserves left.

asked
User Lyrk
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1 Answer

4 votes

Final answer:

A bank run is when depositors rush to their banks to withdraw their money due to concerns about the bank's financial stability.

Step-by-step explanation:

A bank run would occur when depositors rush to their banks, trying to be one of the lucky few to withdraw their money while the bank still has reserves left. A bank run typically happens when there are rumors or concerns about the financial stability of a bank. Depositors fear that they may lose their money if they don't withdraw it immediately. This phenomenon has often been observed during times of economic crisis, such as the Great Depression.

answered
User Radmila
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