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Aleks [24]
4 years ago
7

For most of the 1920s, how did the growth of credit affect the stock market?

History
1 answer:
uranmaximum [27]4 years ago
3 0
The stock market was built on money that wasn't there, because people were buying stock on credit (which means our economy was supported by unreal numbers) so when the stocks began dropping to their real prices, people panicked and began cashing in their stocks. because the stock market was built on fake cash. this destroyed the economy from within and without
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