... money they had owed to the bank. In fear of losing their money, large amounts of bank customers flooded the banks to withdraw their money. Government guarantees and Federal Reserves banking regulations to prevent these withdrawals in masses were ineffective or just not used at all. This caused the failure of hundreds of banks. Small banks, especially those tied to the ... for if the cause of the Great Depression was just the Stock Market Crash of 1929. "The Great Depression would forever change Americans and the face of United States economics" (Lindop and Goldstein 267)....

• Word Count: 1629
• Approx Pages: 7
• Has Bibliography
• Grade Level: High School