Question

7. What was a result of the bank failures that followed the stock market crash in 1929? A. Americans refused to work for publicly traded companies. B. Investors began to buy businesses directly. C. The stock market was closed for years. D. There wasn't enough money in circulation to support a healthy economy.

Answer 1

A major result of the bank failures that followed the stock market crash in 1929 was that "D. There wasn't enough money in circulation to support a healthy economy," since people had completely lost faith in the banking system.