What are two reasons that banks failed during the great depression

Answers

Answer 1

Answer: The first main reason was most of the market was based solely on credit, which was stock that was purchased without actual cash, but purchased on credit.

The second factor was the massive pull out by many investors due to a panic that caused the Banks to attempt to purchase these stocks leading to a complete collapse in the market.

Related Questions

How did the Agricultural Adjustment Act help the farmers? a)It encouraged farmers to produce more. b)It stopped production to avoid surplus. c)It helped farmers burn their crops. d)It paid famers to grow more cash crops. HELP
In the South during Reconstruction, the Civil Rights Act of 1875 was?
Which best describes how slaves were regarded in the South in the pre-Civil War years?A) as equal to whites B) as unskilled workers C) as valuable property D) as fellow humans E) as a nonrenewable resource
Which statement summarizes the results of the Korean War?North Korea was annexed by Communist China. North Korea and South Korea were unified under a communist dictatorship. South Korea transferred a large area to North Korea. A permanent divide was established between North and South Korea.
What was the impact of the civil rights protests in Birmingham?

A large electronic game manufacturer decides to establish a customer service center in Lahore, Pakistan. This is an example of __________.

Answers

When a large electronic game manufacturer decides to establish a customer service center in Lahore, Pakistan, it is an example of "outsourcing," since they are choosing to use cheaper labor.

Why do people in the Islamic community give more importance to the moon than the sun?

Answers

i’m pretty sure the moon represents being guided by god throughout life. and fasting also depends the position of the moon. (i think)

What was one of President Johnson's first official acts as president?A. The creation of a national health care program
B. The signing of a civil rights bill
C. A proposal for Great Society programs
D. An investigation into the assassination of President Kennedy

Answers

An investigation into the assassination of President Kennedy was one of President Johnson's first official acts as president. The correct option among all the options given in the question is option "A".Lyndon B. Johnson was born on 27th of August in the year 1908 and died on 22nd of January 1973. He was the 36th President of the United States of America.

The correct answer is A. The creation of a national health care program

Lyndon B Johnson was the president after Kennedy's death and due to this he managed to pass many laws that Kennedy supported but were disliked by the congress. Johnson used this to pass acts regarding healthcare which weren't exactly universal but certainly helped numerous people who didn't have healthcare before. Civil rights bill signing came at a later time .

Which religion is practiced most in North Africa?

Answers

Christianity. It has become very common in all of Africa, including North.

Answer:

answer is Islam

Explanation:

Why was it difficult for the Ottomans to capture Constantinople?a.The city was surrounded by territory controlled by the Byzantine Empire, making it hard for the Ottomans to enter the city.
b.The city was surrounded by water on three sides and heavily protected with stone walls, making it hard to penetrate.
c.The Byzantine Empire had an army that was considerably larger than the Ottoman army, making it difficult to conquer.
d.The Ottomans did not have access to heavy artillery, making it impossible to break through the city's walls.

Answers

Answer:

a.The city was surrounded by territory controlled by the Byzantine Empire, making it hard for the Ottomans to enter the city.

Explanation:

The Ottoman Empire began as one of the small Turkish states that emerged in Asia Minor during the decline of the Seljuk Empire. The Ottoman Turks gradually controlled the other Turkish states, survived the Mongol invasions and under the reign of Mehmed II (1451-1481) ended what was left of the Byzantine Empire. The first phase of the Ottoman expansion took place under the rule of Osman I (1288-1326) and continued in the reigns of Orkhan, Murad I and Beyazid I, at the expense of the territories of the Byzantine Empire, Bulgaria and Serbia. Bursa fell under his rule in 1326 and Adrianople in 1361. Ottoman victories in the Balkans alerted Western Europe about the danger that this Empire represented and were the central motive for the organization of the Hungarian Crusade of Sigismund. The site that the Ottomans put in Constantinople was broken thanks to Timur, leader of the Mongols, who took Beyazid prisoner in 1402, but Mongol control over the Ottomans lasted very little. Finally, the Ottoman Empire managed to conquer Constantinople in 1453.

I'm pretty sure its a

Which effect did the Vietnam War have on Lyndon Johnson's presidency?a. Profits from the war helped funds Johnson's domestic anti-poverty programs.
b. Protests and frustration over the war led him to refuse to run for a second full term in 1968.
c. Early defeats led him to admit the war was a mistake and withdraw U.S. troops.
d. The war made him the most popular president in history when he finally left office.

Answers

"c. Early defeats led him to admit the war was a mistake and withdraw U.S. troops." would be the best option from the list, since he didn't want this to define his legacy.

Answer: the answer is c.

Explanation:

Other Questions

"To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof."—U.S. ConstitutionThis statement, sometimes called the "elastic clause," gives Congressexpressed powersreserved powersimplied powersshared powers

Fat Boy is one of two atomic bombs dropped during World War II. a. True b. False

Finish the line President Franklin D. Roosevelt said during his speech addressing the attack on Pearl Harbor: “Yesterday, December 7, 1941…”

The president exerts the most influence over...appointments to federal agency positions federal independent regulatory agencies convincing legislators to pass new laws reducing the size of the bureaucracy