When banks closed as a result of the financial crisis of the Great Depression, depositors

were given stock shares instead of cash in compensation.

could retrieve the money from their accounts before closure.

lost any savings they had kept at a closed bank.

O could recover their savings from the government.

Question

Horn

History

30 November, 17:21

When banks closed as a result of the financial crisis of the Great Depression, depositors

were given stock shares instead of cash in compensation.

could retrieve the money from their accounts before closure.

lost any savings they had kept at a closed bank.

O could recover their savings from the government.

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Answers (1)

Know the Answer?

Daniela Cherry · Answer 1

lost any savings they had kept at a closed bank.

Explanation:

The Great Depression happened after World War I. Countries all over the world experienced an economic crisis.