Select the best answer.
What was the problem that created bank runs?
A.) Banks charged...
History, 28.09.2020 14:01 domiyisthom
Select the best answer.
What was the problem that created bank runs?
A.) Banks charged depositors interest if they did not withdraw money at regular intervals.
B.) Banks did not have enough cash on hand for all its depositors, so people rushed to withdraw their money.
C.) The government stopped accepting paper currency.
D.) People needed more money when the stock market fell.
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