jr656228 jr656228
  • 22-02-2021
  • History
contestada

What was "Buying on Margin" and how did it help lead to the Stock Market Crash of 1929?

Respuesta :

10547414
10547414 10547414
  • 22-02-2021

Answer:

Buying on margin helped bring about the Great Depression because it helped to cause Black Tuesday when the stock market crashed. ... They could not repay their loans because the stock prices had not risen. When they could not repay their loans, they went broke. Because so many people could not repay loans, banks failed.

Explanation:

Answer Link

Otras preguntas

Answer quickly please!! Janet flips the disc shown below 14 times: (picture) What is the probability that the 15th flip will result in the disc landing on whit
What is the American dream? Is today American dream based on materialism? Or is it based on the idea of freedom?
Write a problem to represent 6 divided by 1/5
What does the curved E mean?
Why did many women begin to question their rights and roles after World War II?
Which of the following home purchasing considerations will probably affect older homebuyers the least ?
Looking at his watch, Leo Tolstoy began to walk faster Looking at his watch is a complete thought correct?
Can anyone help please!?
98 POINTS! Which of the following is NOT a path to becoming a registered nurse? 1. Graduating from a four-year Bachelor of Science in Nursing program 2. Appoint
2=x(7)-3 step by step