Question

How did the following term contribute to the Great Depression? Make sure to use the term (Bank runs) next to the cause in your answer. Answer in complete sentences.

Bank Failures (Bank runs)

Answer 1

The Great Depression leads to Bank Runs and gave the term (Bank runs) is explained below in details.

Step-by-step explanation:

Another appearance that complicated the government's economic miseries throughout the Great Depression was a surge of banking crashes or “bank runs,” throughout which large quantities of concerned or worried people withdrew their securities in cash, pushing banks to reimburse loans and often commencing to bank failure.