At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Ask your questions and receive detailed answers from professionals with extensive experience in various fields. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Why did so many banks collapse at the beginning of the Great Depression?
a. Too many investors tried to open new accounts.
b. Too many depositors tried to withdraw their money all at once.
c. The stock market collapsed too slowly to collect on debts.
d. The Federal Reserve put too much money into circulation


Sagot :

The answer is B.Too many depositors tried to withdraw their money all at once
The answer is  B too many depositors tried to withdraw their money all at once