How did the stock market crash of 1929 contribute to bank failures?
A. Investors who had lost money in the stock market did not have the money to repay the banks for the loans they took
B. Banks made the decision to close many branches because people were investing in the stock market and not putting their money in banks.
C. The government suspended trading on the stock market, leaving the banks no way to get the money they had invested in the stock market.
D. Companies used the profits they made in the stock market to start new types of banks, causing the banks to close.
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Answer:
A
Explanation:
That is the most logical conclusion
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