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Between 1930 and 1933,many banks in the U.S.failed because:
Condo Sales
Condo sales refer to the transactional process of buying and selling condominium units, which are individual units within a larger building or complex.
Interest Rates
The proportion of a loan charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
Probability
A measure quantifying the likelihood of certain events to occur within a given set.
Prior Probabilities
Probabilities that are assigned to events before any empirical data is taken into account, often based on theoretical considerations or past experience.
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