Erica2123
Erica2123 Erica2123
  • 19-11-2020
  • Social Studies
contestada

what caused so many banks to fail

Respuesta :

AbbyWinterHeartS7
AbbyWinterHeartS7 AbbyWinterHeartS7
  • 19-11-2020

Explanation:

The most common cause of bank failure occurs when the value of the bank's assets falls to below the market value of the bank's liabilities, which are the bank's obligations to creditors and depositors. This might happen because the bank loses too much on its investments.

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nancynewbrooks
nancynewbrooks nancynewbrooks
  • 19-11-2020

Answer:

They went bank rupt or not a lot of people came to there banks

Explanation:

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