One of the main factors which contributed to the Stock Market Crash in 1929, when the very loose regulations related to margin orders.
In financial terms, margin in an instrument which consists on depositing a collateral with a counterparty (generally the broker) to cover some of the credit risk that the depositor places to that counterparty.
In the 1920s, the mandatory requirements regarding margins were not very strict, and brokers asked investors to put in a small fraction of their own money. Leverage rates which measure the proportion of debt, reached 90% with a high frequency. Nowadays, the Federal Reserve has established the limit of 50%.
Back in 1929, when the stock market started to contract, many investors received margin calls. They had to hand in more money to their brokers, because the amounts required before were not enough and if not, their shares would be sold. Many people did not have the extra margin amounts required, their shares were sold and the market declined further. This generated more margin calls and more declines. This is why margin calls were one of the causes which triggered the Stock Market Crisis and, in turn, the Great Depression in 1929.
Americans noticed that after the end of the Second World War, the geopolitical landscape of the world would change in favor of the United States, as it no longer had a threat in Europe nor had a threat in the Pacific Ocean, as the Empire of Japan was defeated during the war. This favorable scenario let the United States grow in economic and military power. Two processes that were perceived by the average American citizen, as job opportunities grew due to the development of the industry, leading to improving his or her living conditions.
He lived at Knossos for periods of nine years, where he received instruction from Zeus in the legislation which he gave to the island
Answer:
if you see this have a good day
Explanation:
