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Did borrowers repay loans to closed banks during the Great Depression?
Wiki User
∙ 10y ago
No not to the closed banks, however the debt is an "asset" it does not "die" with the bank, it moves to another business (which may have purchased the assets of the bankrupt bank). The debts would have to be paid to the new owner of the debt.
Wiki User
∙ 10y ago
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How long were banks closed during the Great Depression?
120 days
How were the factories affected during the Great Depression in Australia?
During the Great Depression, hundreds of factories in Australia were closed. In South Australia alone, approximately 30 percent of the workforce did not have regular work.
Which of these rose during the great depression?
Migration rose during the Great Depression.
Did they have bicycles during the great depression?
Yes, there were bicycles during the great depression.
Was working at the great depression easy to earn money?
It was difficult to find a job during the Great Depression. Many businesses closed, or have to reduce operations. About 1 in 4 people had no job. Not easy at all.
How long were banks closed during the Great Depression?
120 days
How were the factories affected during the Great Depression in Australia?
During the Great Depression, hundreds of factories in Australia were closed. In South Australia alone, approximately 30 percent of the workforce did not have regular work.
Which of these rose during the great depression?
Migration rose during the Great Depression.
Did they have bicycles during the great depression?
Yes, there were bicycles during the great depression.
What was a market during the great depression?
There was a Msrjet Crash during the great depression.
Was working at the great depression easy to earn money?
It was difficult to find a job during the Great Depression. Many businesses closed, or have to reduce operations. About 1 in 4 people had no job. Not easy at all.
What was environmental cleanliness like during the Great Depression?
it was not clean during the great depression
How does hooverville relate to the Great Depression?
It happenes during the Great Depression.
What did some Americans question during the Great Depression?
What did some americans question during the great depression?
What day did the banks close during the Great Depression?
what did so many banks close during the great depression
How did the Great Depression effect the citizens?
The great depression effected the citizens when banks closed. As a result, people lost their jobs and busnesses were bankroped.
Was Taylor Swift around during the Great Depression?
The Great Depression happened in the 1930s and 1940s. Taylor Swift was born in 1989, so she was not around during the Great Depression.
