Question

What was a result of the bank failures that followed the stock market crash in 1929?

A. Investors began to buy businesses directly.
B. Americans refused to work for publicly traded companies.
C. There wasn't enough money in circulation to support a healthy economy.
D. The stock market was closed for years.

Answer 1

The result of the bank failures that followed the stock market crash in 1929 was that there wasn't enough money in circulation to support a healthy economy.

Step-by-step explanation:

The result of the bank failures that followed the stock market crash in 1929 was C. There wasn't enough money in circulation to support a healthy economy.

The crash led to a severe economic downturn known as the Great Depression. Many banks failed, causing individuals to lose their savings. This lack of money in circulation contributed to the overall decline of the economy.

Answer 2

I think the answer should be C. With 15 million people unemployed, there was not enough money circulating the economy.

Hope this Helps! :)