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History, 18.02.2021 21:00 Jasten

Why did banks fail during the Great Depression? 1.They invested heavily in the stock market.
2.They ran out of cash when depositors withdrew their money.
3.They were unable to
collect loan repayments.
4. all of the above

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Answers: 2

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Why did banks fail during the Great Depression? 1.They invested heavily in the stock market.
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