Question

is one of the reasons for the great depression in the 1930s.

• A. Lack of assets
• B. Failure of banks
• C. Inflation
• D. Less population

Answer 1

The correct option is B Failure of banks

Failure of banks is one of the reasons for the great depression in the 1930s. During this time, the nation faced high unemployment, people lost their homes and possessions, and nearly half of American banks closed.