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Llana [10]
3 years ago
7

How did the initially small slide in stock prices lead to the stock market crash?

History
1 answer:
faust18 [17]3 years ago
6 0
Most individual investors borrowed money to buy stocks and many of them also bought these stocks on margin, meaning they only actually paid for 80% - 90% of the stock they had had borrowed money to buy. They were called 'margin millionaires' - they actually truly owned very little of the stock. Threes investors became extremely vulnerable to lack of confidence in stock prices when the stock prices fell somewhat and we're the first to line up to sell their stocks. That in combination with the fact that many businesses had borrowed heavily to invest in their businesses, when a stock sell-off frenzy began businesses' stock value feel rapidly, banks couldn't be repaid, the banks collapsed and a great deal of people lost their life savings very rapidly.
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The Gay rights Movement was a social and political movement which were predominant in the late 1960s through the mid-1980s that encouraged the LGBT community to engage in radical direct action, and to counter societal shame with gay pride.

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<h3>What was the Dewey's Sit-in?</h3>

The Dewey's sit-in was one of the many ways gay rights activist protested the resentment meted out to them by members of the larger community in the united states in 1965.

Activist used the lunch-counter sit-in strategy of the black civil rights movement, protesters held the nation's first successful LGBT sit-in in the spring of 1965 at Dewey's restaurant.

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  • Some notable individuals and organizations that helped in the Gay rights movement are Advocates for Youth.
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The major achievements of the gay rights groups was that people began to generally accept them and government made legislation enabling LGBT community to live a good life.

Learn more about Gay rights at brainly.com/question/24078961

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