Between 1930 and 1933,many Banks in the U

question 96

Multiple Choice

Between 1930 and 1933,many banks in the U.S.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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