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The Wall Street crash of 1929 did not result in a specific number of bank collapses directly linked to the crash itself, but it triggered a series of bank failures throughout the following years. By 1933, over 9,000 banks had failed in the United States due to the economic fallout from the crash and the Great Depression. The financial instability led to a loss of public confidence in the banking system, exacerbating the crisis.

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1mo ago

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