Social Sciences, asked by rabbit02022010, 5 months ago

Why local bankers became bankrupt?
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Answers

Answered by nayanazara12
5

Answer:

The banking industry is unstable. Banks are regularly going bankrupt. Crises in the banking industry have occurred in three distinct time periods during the twentieth century—during the Great Depression of the 1930s, during the Savings and Loan crisis of the 1980s and 1990s, and during the Great Recession from 2007 to present.

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