Bank Failures Significantly Delayed Recovery in the Depression from 1873

question 63

Multiple Choice

Bank failures significantly delayed recovery in the depression from 1873 to 1879 because

• A)The number of unemployed bank clerks significantly added to the number of jobless.
• B)Banks took years to build and establish.
• C)Banks played a crucial role as a source of credit for industry and agriculture.
• D)Bank failures only worsened the problem of inflation.

---

Definitions:

Ambiguous Stimuli

Information or events that lack clarity and can be understood or interpreted in more than one way.

Personality Trait

Enduring patterns of thought, feeling, and behavior that distinguish individuals from each other.

Rorschach Inkblot Test

A projective psychological test consisting of inkblots where individuals' interpretations of the blots are used to assess their personality.

Projective Tests

Psychological evaluations in which people react to unclear stimuli, unveiling concealed feelings and underlying disputes.