Banks with Which Type of Loans Were Most Likely to Fail

question 67

Multiple Choice

Banks with which type of loans were most likely to fail during the early 1930s?

• A) mortgage loans
• B) agricultural loans
• C) commercial real estate loans
• D) international loans

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Definitions:

East Asia

A geographical region that includes countries such as China, Japan, South Korea, and North Korea, known for its significant cultural, economic, and political influence.

China

is a country in East Asia, known for its vast population, rich history, and significant influence on global economics and politics.

Mono-Culture

The agricultural practice of growing a single crop species over a wide area for many consecutive years, potentially leading to decreased biodiversity and increased vulnerability to pests and diseases.

American Culture

The set of customs, traditions, and values shared by the people of the United States, influenced by its history and diverse ethnic backgrounds.