Question

When banks failed during the 1930s:

people could sue the bank to get their money back.

the government would pay each depositor $100.

the government would pay each depositor $10,000.

people lost all their money because there was no bank deposit insurance.

Answer 1

The banks in America failed in 1929 during the Wall Street crash that lead Germany to the Great Depression. America wanted Germany to give back all of their loans , which they gave to Germany in their Golden years of Weimar Republic.