susmarble susmarble
  • 02-06-2016
  • History
contestada

for most of the 1920s, how did the growth of credit affect the stock market?

Respuesta :

trumpetdude
trumpetdude trumpetdude
  • 09-06-2016
the stock market was built on money that wasn't there, because people were buying stock on credit (which means our economy was supported by unreal numbers) so when the stocks began dropping to their real prices, people panicked and began cashing in their stocks. because the stock market was built on fake cash. this destroyed the economy from within and without
Answer Link
kaitlinsierras
kaitlinsierras kaitlinsierras
  • 14-12-2020

Answer:

A: Investors bought more stocks on margin, and the stock market rose.

Explanation:

edg2020

Ver imagen kaitlinsierras
Answer Link

Otras preguntas

please help; algebra 2
Use number properties to simplify the following expression. -5+ (5+3) In the box below, show each step in simplifying the expression and explain which property
Which property justifies the statement below (A+b) + 0 = (a+b)
CAN SOMEONE PLEASE HELP ME
What are the domain and range of the function below?
its is B i took the text
plss help im bad at math:v 100 points!​
settlers who established the british colony in virginia during the seventeenth century were primarily seeking to
The second statement is the ___ of the first X > y Y > x The > are arrows btw, help me!
How did Federalists such as James Madison and John Jay influence the role of the Federal government? Will give Brainliest