---
title: "U.S. bank failures reached around 600 per year in the early 1930s because?"  
description: "U.S. bank failures reached around 600 per year in the early 1930s because?"  
author: "Rajib Ahluwalia"  
published: 2018-10-28  
canonical: https://answers.mindstick.com/qa/51231/u-s-bank-failures-reached-around-600-per-year-in-the-early-1930s-because  
category: "history, politics & society"  
tags: ["usa history"]  
reading_time: 1 minute  

---

# U.S. bank failures reached around 600 per year in the early 1930s because?

U.S. [bank failures](https://answers.mindstick.com/qa/42807/how-did-the-role-of-agriculture-worsen-the-bank-failures-of-the-great-depression) reached around 600 per year in the [early 1930s](https://answers.mindstick.com/qa/42233/why-did-governments-raise-tariffs-in-the-early-1930s-what-was-the-effect) because?\
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Original Source: https://answers.mindstick.com/qa/51231/u-s-bank-failures-reached-around-600-per-year-in-the-early-1930s-because

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