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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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Why did John lose Normandy
PilotLPTM [1.2K]

Answer:

A rebellion broke out and John was ordered to appear before his overlord, Philip II of France. His failure to do so resulted in war. By 1206, John had lost Normandy, Anjou, Maine and parts of Poitou. These failures were a damaging blow to his prestige and he was determined to win them back.

Explanation:

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3 years ago
What did Europeans build much of during the eleventh and twelfth centuries??
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tatiyna

Answer: A. The U.S. had the full support of the United Nations

Explanation:

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The correct answer to this open question is the following.

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