Which was not a factor that caused many large city banks to close?
1. Many banks failed because of corrupt bank officers.
2. Many banks ran out of money when depositors withdrew their savings.
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3. Banks loaned a great deal of money to speculators who later went broke.
4. Banks loaned money to businesses that went bankrupt.
WILL MARK BRILLIANT
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Which was not a factor that caused many large city banks to close?
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