Weaknesses of the banking system
What Weaknesses of the banking system means in History A-Level, as defined for Pearson Edexcel.
Definition of Weaknesses of the banking system
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Reference: Pearson Edexcel
Unregulated, independent unit banks and lack of deposit insurance, so market panic rapidly triggered widespread bank failures.
Topics that use Weaknesses of the banking system
- Boom and crash, 1920–29 (Pearson Edexcel A-Level)
Related terms
- American literature
- Hire purchase
- Jazz Age
- Laissez-faire
- Limits to the boom
- Modernity versus traditionalism
- Nativism and political extremism
- The changing role of women
Using Weaknesses of the banking system in the exam
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