The bank's customers panicked, and everyone tried to withdraw all their money at once, which is known as a run on the bank. To learn more about Unintended Consequences: The Great Depression, the full program, go to http://www.izzit.org/products/detail.php?video=great_depression_v2
Subject Areas:
■ Business / Family & Consumer Science
■ Economics
■ U.S. History / Government & Civics
Topics:
■ Banking and Loans
■ Economic History of the U.S.
■ Federal Reserve
■ Great Depression
■ Monetary Policy
■ Money
■ Unemployment
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