Question

By 1933 over 4,000 banks had closed and between 1929 and 1932 about ______ 

Options

• 1,00,000 companies had closed

• 2,00,000 companies had closed

• 1,10,000 companies had closed

• 2,10,000 companies had closed

Answer 1

By 1933 over 4,000 banks had closed and between 1929 and 1932 about 1,10,000 companies had closed.

Explanation:

By 1933 over 400 or banks had closed and between 1929 and 1932. 1,10,000 companies had closed due to the Great Depression.