The first main reason was most of the market was based solely on credit, which was stock that was purchased without actual cash, but purchased on credit.
The second factor was the massive pull out by many investors due to a panic that caused the Banks to attempt to purchase these stocks leading to a complete collapse in the market.
What are the following choices?
Direct democracy is when everyone in a country votes on something. People's rights might be denied because it would be a tyrannical rule of the majority. For example, there's only 15% African-Americans in the US. If the 85% Caucasian population decided to vote something that was against the rights of the African-Americans, they wouldn't be able to oppose this because they would be a minority.
On August 7, 1964, Congress passed the Gulf of Tonkin Resolution, authorizing President Johnson to take any measures he believed were necessary to retaliate and to promote the maintenance of international peace and security in southeast Asia.
Answer:
what is 2 + 2. It equals 4
