The biggest one is speculation on the market. Many would buy stocks on margin, say only meeding 10% of the share amount to buy a share of stock. So great quantities of stock were able to be bought without necesarily having the money to legitimately purchase them.
Usually they were on the opposite side of the indians, and they always had problems
Answer:
Bankruptcy of farmers" showed that the "economy" was weaker than the "stock market" indicated during the "1920s
Explanation:
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Answer:
A third of all banks failed. 1 Unemployment rose to 25%, and homelessness increased. 2 Housing prices plummeted 67%, international trade collapsed by 65%, and deflation soared above 10%. 3 4 It took 25 years for the stock market to recover.
Explanation:
