The Great Depression caused Americans many other problems, as well. For example, the banking failure also created drastic poverty. Document 2, a photo and article, explains that banks began to collapse and industrial production ground to a halt. Banks across the country were collapsing and people everywhere in America were losing their life savings. After people lost money in the stock market crash they panicked. The people tried withdrawing all their money from banks causing, the banks to close and many people to lose all the money in that bank. When all those people became destitute, they became homeless and unemployed causing businesses to lose money. Thus repeating the cycle that forced more layoffs. Banking failures caused many people and businesses to lose money, greatly contributing to…