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AssignmentMultiple Choice

Goals and Policies of the New Deal

Question 1 • MCPSS AL-Grade 6 United States Studies: The Industrial Revolution to the Present - Summer School 2026

According to Roosevelt, what caused the bank runs?

Answer
A
Americans were unwilling to take money out of their banks.
B
The government was unable to print enough paper currency.
C
Many Americans were scared that their bank was going to fail.
D
Congress did not act quickly enough to stop the crisis.

Explanation

Roosevelt explained that bank runs happened because people feared their banks would fail. When many depositors tried to withdraw their money at once, banks could run short of cash even if they had been sound. Therefore, the correct choice is “Many Americans were scared that their bank was going to fail.”

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