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Why did so many banks fail at the onset of the Great Depression?
a. Too many investors tried to open new accounts.
b. Too many depositors tried to withdraw their money all at once.
c. The stock market collapsed too slowly to collect on debts.
d. The Federal Reserve put too much money into circulation.
a. Too many investors tried to open new accounts.
b. Too many depositors tried to withdraw their money all at once.
c. The stock market collapsed too slowly to collect on debts.
d. The Federal Reserve put too much money into circulation.
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