The professors elaborate 1930 united states depression. The story was starting with one of the students saying about his grandfather was an accountant in the NewYork during the Depression period. The majority of the banks had been gotten into bankrupt. Moreover public pull out the money from the banks, thereby most banks were going to dry and went down. In addition, A student inquired about why most people take action drastically. She responded to one's question. We take into consideration the socio-economic climate at that time. Because the first crush of banks made people below the basic subsistence level, half of the NewYorker. Continuously, He kept questioning why they didn't set aside the budget for emergencies. Furthermore, they were not backed up by anything. The answer is it's just their system in the past day. 2 years after, the second crush stroke the NewYork again. One of the prominent United States, Bank of America was going down. As a result, most people pull out their funds from the other institution.
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