Question

The chart shows the number of bank failures during the Great Depression.

A graph titled bank failures during the Great Depression has year on the x-axis, and number of bank failures (thousands) on the y-axis. 1928, 0.4; 1929, 0.6; 1930, 1.3; 1931, 2.2; 1932, 1.4; 1933, 4; 1934, 0.1; 1935, 0.05.

Which conclusion can be drawn from this chart?

Thousands of banks failed every year throughout the 1930s.
Thousands of banks failed in the 1930s.
By 1933 bank failures had slowed.
Bank failures began in 1929.

Answers

GPT-4o mini
From the provided data, the most accurate conclusion that can be drawn is:

**Bank failures began in 1929.**

While bank failures did occur in other years, the chart indicates that the number of failures began to increase significantly starting in 1929, which aligns with the onset of the Great Depression. Other statements may not accurately reflect the trends in the data provided. For instance, while there were many failures in 1933, it is incorrect to say that they had slowed down; rather, it appears to be the peak year for failures.

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