1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
iragen [17]
3 years ago
10

Why did the stock market crash in 1929

History
2 answers:
svetoff [14.1K]3 years ago
6 0
The stock market crashed in 1929 because investors had put too much capital into the stocks by borrowing large amounts of money that they did not truly have.
Aloiza [94]3 years ago
3 0

Answer: Investors bought stocks on credit because they thought prices would continue rising.

Explanation:

There was much speculative buying on the stock market in "the Roaring '20s," as the decade was known.  In the 1920s, people were so eager to invest and earn profits through the stock market that they bought stocks "on margin."  In other words, they paid for only a marginal percentage of the stocks with their own funds, and borrowed bank funds for the rest of the purchase.  By the late 1920s, 90% of the purchase price of stocks was being made with borrowed money.  This inflated the market in a way that spiraled out of control, and in 1929 the market crashed.

You might be interested in
Which leader wanted to open a second front against germany in 1943?
jolli1 [7]
I think it was Joseph Stalin.
Hope it's right! <3
6 0
3 years ago
How did the crusades effect england
77julia77 [94]
Richard went gallently off to war, leaving his brother, an incompetent ruler, in his stead. John was so bad that the Magna Carter was signed on his watch. That was helpful because it took some of the monarch's power away. It didn't help everyone since it only gave rights to some of the nobility, but it was a start.

That was one effect of the crusades in England. Richard the Lionhearted likely would have had the same difficulties that John had to cope with. Richard was not a great politician (he put rebellions down with force), but he was a very gifted military technician. John faced the problem of having not much of an army to resist those wanting him to sign the Magna Carta. That should  get you started.
6 0
4 years ago
What is the capital of Singapore and the other question is what was the invention that was used as a thing to help wounded soldi
m_a_m_a [10]

Answer:

Pulau Ujong is the capital of singapore

3 0
3 years ago
At which of the following sites have researchers found the best evidence for the first wave of human migration to the Americas?
Fudgin [204]

Answer:

B. is the right choice.

Explanation:

The archeological site of Monteverde II in Chile dates back 14,800 years, according to scientists (there´s a broad consensus). The discovery of many objects belonging to the Pleistocene was in 1977 in an area called Región de Los Lagos.

5 0
3 years ago
Which former consul, governor, and general of the roman republic declared himself dictator for life?
Leto [7]

Answer:

Explanation:Caesar declared himself dictator for life in 44 B.C. However, his crusade for absolute power didn't go over well with many Roman politicians.Nov 4, 2019

Date of birth: July 13, 100 B.C.

Spouse: Cornelia, Pompeia

Professions: politician, prosecutor

8 0
2 years ago
Other questions:
  • PAC donate money to both candidates running for the same office?
    7·1 answer
  • How did Gorbachev’s policies of Perestroika (economic rebuilding) and Glasnost (political reform) contribute to the collapse of
    12·2 answers
  • What are two ways in which the hydrosphere is interacting with the geosphere in this river
    11·1 answer
  • A government can only be considered a democracy if it:
    12·2 answers
  • The​ _____ consisted of a series of​ anti-government protests and uprisings in a number of Arab countries that were largely aide
    14·1 answer
  • What made the manufacture, sale, and distribution of alcohol illegal in 1919
    9·1 answer
  • What three things were important to George Washington’s during his presidency?
    13·1 answer
  • The better business bureau works to eliminate customer complaints against businesses and to educate businesses and consumers tru
    11·1 answer
  • 5.Who was The founder of the Chola Empire ?​
    6·1 answer
  • Based on this document, why was Harriet Beecher Stowe concerned about slavery?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!