The given statement is true. The process through which an initially incorrect anticipation results in its own confirmation is known as a self-fulfilling prophecy.
An individual's expectations about another person or thing ultimately lead to the other person or entity responding in ways that confirm the expectations, which is known as a self-fulfilling prophecy. The Great Depression-era bank failures serve as a prime illustration of a self-fulfilling prophecy. Bank runs sometimes caused banks with solid financial standing to go bankrupt. When word that the bank was unable to pay its deposits spread, depositors often panicked and tried to withdraw their money all at once before the bank's funds ran out.
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