When banks failed during the 1930s: people could sue the bank to get their money back. the government would pay each depositor $100. the government would pay each depositor $10,…

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asked Nov 18, 2023 67.0k views

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Pyy · Answer 1 · 2023-11-24T02:09:48+0000

The banks in America failed in 1929 during the Wall Street crash that lead Germany to the Great Depression. America wanted Germany to give back all of their loans , which they gave to Germany in their Golden years of Weimar Republic.

When banks failed during the 1930s: people could sue the bank to get their money back. the government would pay each depositor $100. the government would pay each depositor $10,…

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