During the early months of the Great Depression, a large number of banks failed. What were two primary causes for
this? Select all that apply.
Farmers who had gone bankrupt could no longer pay back their loans.
Foreign countries could no longer pay their war debts.
There was not enough gold to back up the currency.
They had not been charging enough interest on credit.
this? Select all that apply.
Farmers who had gone bankrupt could no longer pay back their loans.
Foreign countries could no longer pay their war debts.
There was not enough gold to back up the currency.
They had not been charging enough interest on credit.