Between 1930 and 1933, Many Banks in the United States

question 156

Multiple Choice

Between 1930 and 1933, many banks in the United States failed because _____

• A) the FDIC moved too slowly to prevent the bank failures.
• B) most bankers were either corrupt or incompetent.
• C) of excessive regulation by the federal government.
• D) people shifted their funds to take advantage of rising stock market prices.
• E) people lost confidence in them.

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