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As depositors lined up to take their money out, banks called in loans and sold assets. Ultimately, this meant that credit froze up. True False

As depositors lined up to take their money out, banks called in loans and sold assets. Ultimately, this meant that credit froze up. True False
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0 votes
As depositors lined up to take their

money out, banks called in loans and
sold assets. Ultimately, this meant
that credit froze up.

True
False

asked
User Hikalkan
by
8.2k points

1 Answer

2 votes
True I believe this happened in real life
answered
User Hiddenbit
by
7.1k points
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