How did people first react to the stock market crash?

Question

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.

Answer 1

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.