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Sagot :
Answer:
B - Most banks failed due to over-investing and risky business practices
Explanation:
Several banks failed during the Great Depression for a variety of reasons. The primary reasons for bank failure were excessive investment and risky business practices.
So, choice B is the right one.
What caused the banking system to fail in 1929?
The average price dropped by the same amount as the money that was readily available.
In addition to pushing banks, businesses, and individuals into bankruptcy, this deflation also increased debt loads, skewed economic decision-making, decreased consumption, and increased unemployment.
Visit the following link to learn more about the Great Depression:
https://brainly.com/question/27291778
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