took place in 1929 and is considered the start of the Great Depression?
Question 2
Multiple Choice. As part of the U.S. economy, our banking system's function is to provide individuals with savings accounts, checking accounts, and various loans for homes and businesses. How did the banking system fail, forcing banks to close and individuals to lose their savings, which led to the Great Depression? (1 point)
Responses
Banks allowed individuals without jobs to open new accounts.
Banks allowed individuals without jobs to open new accounts.
Banks loaned individuals money for homes and businesses but ran out of money when those individuals could not pay back their loans after the Stock Market crashed
Banks loaned individuals money for homes and businesses but ran out of money when those individuals could not pay back their loans after the Stock Market crashed
Banks stopped allowing individuals to open new savings accounts and ran out of money when the Stock Market crashed.
Banks stopped allowing individuals to open new savings accounts and ran out of money when the Stock Market crashed.
Banks closed because their employees lost their homes due to the Stock Market crash.
Banks closed because their employees lost their homes due to the Stock Market crash.
Question 3
Drop Down. Complete the diagram to describe a cause of the Great Depression. (1 point)
Select responses from the drop down fields to answer the question. Navigate to the desired drop down and select your response.
Select responses from the drop down fields to answer the question. Navigate to the desired drop down and select your response.
1 answer
Response to Question 1:
The stock market crash took place in 1929 and is considered the start of the Great Depression.
Response to Question 2:
Banks loaned individuals money for homes and businesses but ran out of money when those individuals could not pay back their loans after the Stock Market crashed.
Response to Question 3:
(Please provide the options in the drop-down for me to help you complete the diagram.)
