Question

Which of the following were NOT structural weaknesses in the American economic system?

Which of the following were NOT structural weaknesses in the American economic system?


Banks lent money to people who speculated in stocks.


Few regulations were placed on banks


Banks operated without guarantees to their customers


Banks kept a lot of cash on hand in times of panic.

Answer 1

D. Banks kept a lot of cash on hand in times of panic.

Step-by-step explanation:

This is not considered a structural weakness. Keeping a significant amount of cash on hand during times of panic or financial instability can be seen as a prudent measure to ensure liquidity and maintain stability in the banking system. It is a responsible approach that helps banks meet the demands of their customers and provides a buffer against potential financial crises.