No
lack of money
Well, banks would not be shut down, unless they were run by the federal government, most banks which are privately owned would still be running as usual.
Interest rates were very high, and caused many banks to shut down due to lack of money.
Banks went bankrupt and shut down, since their stock was now worth nothing if they had any. People who invested all their money into a bank and had it stored there lost EVERYTHING since the banks were shutting down THAT fast. Hope this helps!
President Andrew Jackson shut down the Bank of the United States by refusing to renew its charter when it expired in 1836, following a fierce political battle. He believed the bank represented a concentration of economic power that favored the wealthy elite at the expense of the common people. To dismantle the bank's influence, Jackson ordered the withdrawal of federal deposits and placed them in state banks, known as "pet banks." This move effectively weakened the bank's operations and led to its eventual demise.
You just shut down computer
The 1930s was the Great Depression. Jobs were hard to find. Food was scarce because of the dustbowl. Banks were unstable.
Banks did not have enough money to pay all withdrawing depositors, so they shut down.
According to thism article, http://www.badcreditloancenter.com/number-of-failed-banks-reaches-37-for-2010/, banks closed down due to bad credit loans were 37. This was a new record for the numbers of closing in years according to the company.
Nickelodeon has not shut down.
quizilla.com has not shut down.