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  • 01-03-2022
  • History
contestada

How was America’s weak banking system a major cause of the
Great Depression?

Respuesta :

suzuwera
suzuwera suzuwera
  • 24-04-2022

Answer:

Banks operated without guarantees to their customers, creating a climate of panic when times got tough.

Explanation:

Few regulations were placed on banks and they lent money to those who speculated recklessly in stocks

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