asked 32.3k views
2 votes
HELP:

Banks failed in 1929 and 1930 as a result of the market crash because________?
(A)the government, fearing widespread panic,shut down as many banks as possible
lown as many banks as possible
(B)banks employed most of the brokers who had sold stock on margin
(C)investors defaulted on loans for stocks, and banks had also invested in the
market
(D)people began to keep their cash in their houses and refused to use a bank

asked
User Amomum
by
7.8k points

2 Answers

1 vote

Answer:

d

Step-by-step explanation:

answered
User Delimar
by
8.1k points
3 votes

Answer: A- Banks shut down due to widespread panic

answered
User Bona
by
7.8k points
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