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Nutka1998 [239]
4 years ago
11

Which was an effect of the booming stock market in the 1920s?

History
1 answer:
nadya68 [22]4 years ago
6 0

The answer is: A: It encouraged people to borrow money to buy stocks.

With the boom, banks began to give loans where they once had not. This risk of borrowing money from the bank was, in most people's view, a rewarding risk.

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The slave trade grew rapidly during the exploration and exploitation of the Americas due to the demand for cheap labor.


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