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Jared
Social Studies
10 November, 20:43
Describe bank and business failures
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Elian Gordon
10 November, 20:53
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After the crash during the first 10 months of 1930, 744 banks failed - 10 times as many. In all, 9,000 banks failed during the decade of the 30s. It's estimated that 4,000 banks failed during the one year of 1933 alone. By 1933, depositors saw $140 billion disappear through bank failures.
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