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Document 2Then, <strong>on</strong> Black Thursday, <strong>the</strong> American dream turned into a nightmareas Wall Street’s Stock Market Boom turned into The Crash. People werestunned, unbelieving at first. Paper fortunes had van<str<strong>on</strong>g>is</str<strong>on</strong>g>hed, but m<strong>on</strong>eywas <strong>the</strong> foundati<strong>on</strong> of American life. D<str<strong>on</strong>g>is</str<strong>on</strong>g>belief turned to panic as peoplebesieged [stormed] <strong>the</strong> banks (th<str<strong>on</strong>g>is</str<strong>on</strong>g> <strong>on</strong>e was in New Jersey) trying towithdraw <strong>the</strong>ir life’s savings — often too late. The banks began tocollapse and industrial producti<strong>on</strong> ground to a halt.Source: Robert Goldst<strong>on</strong>, The Great Depressi<strong>on</strong>: The United States in <strong>the</strong> Thirties,Bobbs-Merrill2 According to th<str<strong>on</strong>g>is</str<strong>on</strong>g> document, what effect did The Crash have <strong>on</strong> banks? [1]__________________________________________________________________________________________________________________________________________________________________________Score[OVER]

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