5
QuizMultiple Choice

American Life in the Great Depression — Unit test

Question 5 • AVAHS 26-27 CCPS SS US History Gr 11 (45.0810000) YL IC (Fall)

Why were bank failures common during the Depression?

Answer
A
Many people could not pay what they owed to banks.
B
Many people took out new loans.
C
Many people put more money into the banking system.
D
Many people stopped spending money.

Explanation

During the Depression, many people lost jobs and income, so they could not repay their bank loans. Banks lost money when borrowers defaulted, contributing to bank failures. The correct choice is “Many people could not pay what they owed to banks.”

AI-written and checked against the verified answer.

Previous
Next