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
Oduvanchick [21]
3 years ago
5

1.Were investors buying or selling stock on October 14, 1929?

History
1 answer:
Mnenie [13.5K]3 years ago
5 0

The Stock Market Crash of 1929 occurred during a period of unregulated wealth and excess. On  October 14, 1929, investors were selling stock in large amounts. In order to halt the slide in the Dow Jones, the market indicator for the purchase and sale of stocks, Richard Whitney, the Vice President of the Stock Exchange, initiated a plan to purchase large quantities of blue chip stocks, stocks in large and reputable companies. This action resulted in temporarily halting the slide in stocks. The value of the market had increased tenfold in the 1920's as a result of speculation and inflated value in the market. A margin call occurs when value of the account falls below the broker's required minimum. While Whitney invested in the market to halt complete collapse, Charles Merrill of Bank of America suggested that his clients eliminate their financial obligations entirely. He realized that the value of the market was inflated and that the rise in stocks had peaked. The crash itself witnessed a lost of more than $30 billion in value in two days. Both General Electric and General Motors lost more than fifty percent of the value of their stocks during the crash.

You might be interested in
QUESTION 5
Artist 52 [7]

Answer:

c

Explanation:

3 0
3 years ago
What was the name givin to the British practice of taking American sailors from their ships and forcing them to serve time in th
Natali5045456 [20]
 Impressment. Britain would pirate American ships and force the sailors to serve in the British navy, a process called impressment.
6 0
3 years ago
How did the Cold War affect relations between the United States and Guatemala, Cuba and chile
bulgar [2K]
These countries were at war with each other, people of the U.S were very fearful during this time because of the threat of war and bombs planted in Cuba. World War 11 had ended years before So our country knew war as a way of life and they didn t want to have to endure that fight once again. The cold war was a time when all of these countries, especially the U.S and World War 2 was in a fight to be the biggest world power.
6 0
3 years ago
Read 2 more answers
A similarity between Ellis Island and Angel Island was that both immigration stations
Andru [333]

Answer:

required immigrants to undergo questioning

Explanation:

Almost all immigration centers have immigrants undergo questioning.

8 0
3 years ago
Read 2 more answers
Why was John T scopes put on trial​
kirill [66]

Answer: John Thomas Scopes and commonly referred to as the Scopes Monkey Trial, was an American legal case in July 1925 in which a high school teacher, John T. Scopes, was accused of violating Tennessee's Butler

Explanation: i had some  help with my mom

7 0
3 years ago
Other questions:
  • In states, cities, and townships, traffic courts are courts of limited
    8·2 answers
  • The best way to find out how to worship God is to study other religions to see how they worship their gods.
    6·1 answer
  • Explain, as best as you can, what the cause and effect of the Great Depression were?
    8·2 answers
  • Why did the Mexican government enact anti-immigration laws against the Texas settlers?
    14·1 answer
  • How might each of the following have viewed the industrial revolution an inventor,an entrepreneur, a worker
    9·1 answer
  • Both desiderius erasmus and thomas more
    8·1 answer
  • In one well developed paragraph explain why specialization is important in the operation of a market.
    15·1 answer
  • A spanish conquerors who sought riches and power for themselves, and wealth and glory for spain, in the conquest of the americas
    12·2 answers
  • Can someone give the answer
    12·1 answer
  • What were some of the problems faced by farmers in the period between 1877 and 1898?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!