In 1931, just as economic indicators were beginning to rise:

New York’s Chase Manhattan Bank closed, increasing investors’ panic and setting off runs on other banks

Austria’s largest bank closed, triggering a panic that swept through Europe and caused European investors to withdraw their American gold and dump their American securities

a drought in the Midwest caused crop failures that raised food prices and increased panic

the tax increase of 1928 took effect, suddenly lessening the purchasing power of the average consumer

the stock market crashed again

Question

In 1931, just as economic indicators were beginning to rise:

New York’s Chase Manhattan Bank closed, increasing investors’ panic and setting off runs on other banks 

 
Austria’s largest bank closed, triggering a panic that swept through Europe and caused European investors to withdraw their American gold and dump their American securities 

 
a drought in the Midwest caused crop failures that raised food prices and increased panic 

 
the tax increase of 1928 took effect, suddenly lessening the purchasing power of the average consumer 

 
the stock market crashed again

anonymous · Answer

A. is the answer