Question

The chart shows the number of bank failures during the Great Depression.

Which conclusion can be drawn from this chart?

A: Thousands of banks failed every year throughout the 1930s.
B: Thousands of banks failed in the 1930s.
C: By 1933 bank failures had slowed.
D: Bank failures began in 1929.
The answer is B

Answer 1

b

Step-by-step explanation:

Answer 2

The conclusion that can be drawn from the given chart is Option B: Thousands of banks failed in the 1930s.

Step-by-step explanation:

“The Great Depression” was the terrible worldwide economic crisis that took place around 1930s, which began in the United States.

There were around 10,000 banks which failed in the United States beginning from the year 1930. It lasted till late 1930s. In 1933, about 4,000 banks closed. Depositors lost their savings and the amount of more than 140 billion dollars was never recovered. devastating collapse of U.S. stock market prices. So, Option B is depicted from the given chart.