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20 votes
How was America’s weak banking system a major cause of the
Great Depression?

User Anandkumar
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8.3k points

1 Answer

2 votes

Answer:

Banks operated without guarantees to their customers, creating a climate of panic when times got tough.

Step-by-step explanation:

Few regulations were placed on banks and they lent money to those who speculated recklessly in stocks

User Sean Johnson
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