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QuizMultiple Choice

Boom and Bust

Question 1 • (2026-2027) Brown -- US History 3- 1st nine week BLDG

How did many banks fail consumers in the stock market crash of 1929?

Answer
A
Banks had invested customer savings in the stock market, losing depositors’ money in the crash.
B
Banks refused to pass on profits made in the stock market to depositors, keeping the money.
C
Banks refused to issue loans to help investors pay for their financial losses in the crash.
D
Banks only paid a small portion of insurance owed to depositors for their financial losses.
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