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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Definitions:

Business Activities

Various processes and tasks undertaken by businesses, including operations, marketing, management, and financial transactions.

Investing

The process of distributing funds with the aim of earning a return or profit.

Operating

Refers to the functioning or management of operations within a business or computer environment.