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10 April, 10:38

The Great Depression affected the banking industry by causing

a. widespread panic.

b. the establishment of the Federal Reserve Bank.

c. reduced rates of bank failure.

d. the nation to go back on the gold standard.

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  1. 10 April, 10:53
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    The Great Depression affected the banking industry by causing " a. widespread panic," since thousands of people withdrew their funds from the bank at once--thus causing people to lose faith in the banks in general.
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