History of the United States II / Unit 10 USH2 1375 short lesson, about 20 seconds
Banks Close
Captions available
The idea
About five thousand banks closed between nineteen thirty and nineteen thirty-two, more than three quarters of them in towns of fewer than twenty-five hundred people.
In practice
Depositors lining up outside a locked bank, their savings gone.
Where people slip
The Yawp counts one thousand three hundred fifty-two failures in nineteen thirty and nearly two thousand three hundred in nineteen thirty-two. Deposits were not insured.
Your place on the trail
Every lesson rests on earlier ones and opens later ones. Tap any to jump.
Builds on
Unlocks
Something wrong in this lesson? Flag it · Sources for History of the United States II