Question

4,004

1,456
1920 1925 1930 1931 1932 1933 1934 1935
Why did the author of this graph include information for 1920 and 192
2. What caused the large drop from 1933 to 1934?
3. Why might the failure rate have been so low in 1935, compared to 1920 and 1925?

Answer 1

To set a standard during normal times to compare depression years against

Bank holiday and regulations put in place, returning of consumer confidence.

Regulations in place kept banks safer, financially unsound banks were out of business by then.

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Answer 2

1.To set a standard during normal times to compare depression years against

2.Bank holiday and regulations put in place, returning of consumer confidence.

3.Regulations in place kept banks safer, financially unsound banks were out of business by then.