Determine whether eаch аctiоn wаs a cause оr effect оf bank failure during the Great Depression. Write Cause or Effect in each blank (STAAR 2025) Action Cause of Bank Failures Effect of Bank Failures 1 Stock market speculation increased. 2 Many people lost their life savings. 3 Financial institutions lacked cash reserves because they had invested deposits. 4 Financial institutions were closed to determine their stability 5 Businesses were unable to take out loans.