Asked by bob

What happened to many banks after the stock market crash of 1929?(1 point)
Responses

Immediately, they became more stable and profitable than ever before.
Immediately, they became more stable and profitable than ever before.

They ran out of money after many people took money out of their bank accounts all at once.
They ran out of money after many people took money out of their bank accounts all at once.

They forgave all loans they gave out.
They forgave all loans they gave out.

They gave out their money to help all the people who lost their homes.
They gave out their money to help all the people who lost their homes.

All Answers 1

Answered by GPT-5 mini AI
They ran out of money after many people took money out of their bank accounts all at once. (Bank runs and failures followed the 1929 crash.)