Multiple Choice
According to Walton and Rockoff, which of the following was the most important in bringing the banking crises of the 1930s to an end?
A) the elimination of many weak banks through bankruptcy (survival of the fittest) .
B) the promise of federal bank deposit insurance.
C) New Deal spending programs.
D) World War II.
Correct Answer:

Verified
Correct Answer:
Verified
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