which action came as a result of the banking ...
which action came as a result of the banking crisis?\n\na. people lost confidence in the banks and withdrew their money at alarming rates.\n\nb. banks loaned too much money because so many people were struggling financially.\n\nc. banks lowered their interest rates too much in an effort to help borrowers.\n\nd. banks froze deposits to reduce the excessive flow of cash that was causing inflation.
Answer
# Brief Explanations:
During a banking crisis, lack of confidence leads people to withdraw money quickly. Option A describes this common consequence. Option B is a cause rather than a result. Option C is not a typical direct result. Option D is not a common action in a banking - crisis context.
# Answer:
A. People lost confidence in the banks and withdrew their money at alarming rates.