Question
How did people first react to the stock market crash?
Question 13 options:
A)
They protested stock market management.
B)
They invested in other stocks.
C)
They withdrew their cash from banks.
D)
They sought government aid.
Question 13 options:
A)
They protested stock market management.
B)
They invested in other stocks.
C)
They withdrew their cash from banks.
D)
They sought government aid.
Answers
GPT-4o mini
C) They withdrew their cash from banks.
In the aftermath of the stock market crash, many people panicked and rushed to withdraw their money from banks, fearing bank failures and a loss of savings. This led to bank runs and further exacerbated the financial crisis.
In the aftermath of the stock market crash, many people panicked and rushed to withdraw their money from banks, fearing bank failures and a loss of savings. This led to bank runs and further exacerbated the financial crisis.
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