Question

When banks closed as a result of the financial crisis of the Great Depression, depositors
were given stock shares instead of cash in compensation.
could retrieve the money from their accounts before closure.
lost any savings they had kept at a closed bank.
O could recover their savings from the government.

Answer 1

Answer:

lost any savings they had kept at a closed bank.

Explanation:

The Great Depression happened after World War I. Countries all over the world experienced an economic crisis.

Answer 2

Answer:

The correct option is to lose any savings they had kept at a closed bank.

Explanation:

The depression has happened after world war 1. The economy was shifted to the period of depression and recession and also totally drowned in the country. At this moment the banks were closed as the result of the financial crisis and the depositors who had their money in the bank faced losing the entire saving in the bank.

All the money was utilized to overcome the situation of the crisis and help the economy to straight the backbone.

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