Because of the Bank Failures of the Early 1930s, Many

question 83

Multiple Choice

Because of the bank failures of the early 1930s, many small and medium-sized businesses were

• A)forced to move from bank loans to stock sales to raise funds.
• B)unable to obtain credit.
• C)forced to move from bank loans to bond sales to raise funds.
• D)forced to rely on government loans for credit.

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Definitions:

Participant

An individual who takes part in a particular process or activity.

Sociological Research

The systematic study of social behavior, interactions, and structures to understand and explain patterns of human activity.

Empirical Observation

The process of acquiring knowledge directly through the senses or via scientific instruments, which is based on experience and evidence rather than theory.

Scientific Method

A systematic and logical approach to discovering how things in the universe work, through observation, experimentation, and analysis.