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
sammy [17]
3 years ago
6

What happened on Black Thursday that sent everyone into a panic?

History
2 answers:
olya-2409 [2.1K]3 years ago
4 0

Actually the answer D.) Investors sold off vast amounts of their stock. Is the right one:)

bagirrra123 [75]3 years ago
3 0

Correct answer:

D. Investors sold off vast amounts of their stocks.

Explanation:

There was much speculative buying on the stock market in "the Roaring '20s," as the decade was known.  In the 1920s, people were so eager to invest and earn profits through the stock market that they bought stocks "on margin."  In other words, they paid for only a marginal percentage of the stocks with their own funds, and borrowed bank funds for the rest of the purchase.  That meant the banks were complicit in this arrangement too, by allowing those sorts of loans. By the late 1920s, 90% of the purchase price of stocks was being made with borrowed money.  This inflated the market in a way that spiraled out of control, and in 1929 that bubble burst.  When the market began to experience problems, investors sought to sell off their stocks as quickly as they could, the Black Thursday crash became worse and worse.

You might be interested in
Please help me reword this ??
AleksandrR [38]

My rewording:

In capitalist economies and democratic governments in Western Europe, financial aid would provide a humanitarian outreach that spurred economic recovery via the Marshall Plan. The Marshall Plan supported the philosophy of free trade, especially among different European markets, quite the opposite of the ideas of communism in the Soviet Union. In turn, the United States would come to create strong bonds within its partners in trade; in addition, the money gained would be used to purchase American products, boosting the economy further. Ultimately, essentially every European nation that would not follow the ideals of the Soviet bloc would come to benefit from the economic boost given by the Marshall Plan.

Hope this helped!

5 0
4 years ago
Which Indian mathematician and astronomer wrote that Earth was a rotating sphere? A. Aryabhata B. Chandragupta C. Ashoka D. Samu
Tom [10]

A. Aryabhata

Hope this helps!

-Payshence

3 0
4 years ago
What were contributions Cleisthenes or Solon made to the development of Athens?
saveliy_v [14]

Answer: Its C and D

Explanation:

I just took the quiz

3 0
4 years ago
Read 2 more answers
Before the Agricultural Revolution, many people lived in rural areas because
DochEvi [55]
Before the Agriculture Revolution, many people lived in rural areas because they could grow food on small areas of land. They only grew crops for home consumption and never to sell since the land was to small. The children are the ones who milked the cows, churned the butter, and tended to the farm animals. Since the land was so small, they ate mostly rye bread and porridge. There was little meat to eat since they needed the cows for milk and butter. The correct answer is A. 
5 0
4 years ago
Read 2 more answers
Multiply and write in standard form.<br>(3x - 2)(5x2 – 3x + 4)​
cricket20 [7]

Answer:

is this history

Explanation:

4 0
3 years ago
Other questions:
  • Susan
    11·2 answers
  • What did communism and socialism have in common?
    12·1 answer
  • There were more then 2 million people in the colonies by 1750 true or false?
    10·1 answer
  • What was the significance of woodstock in 1969??
    9·1 answer
  • How does the idea of American exceptionalism relate to the concept of manifest destiny in the text?
    13·1 answer
  • Agustín Iturbide was _____. a Creole priest the emperor of Brazil a Creole Royalist general the viceroy of New Spain
    12·2 answers
  • Someone help me due tmr.!!
    13·1 answer
  • International economic organizations try to help the global economy by
    12·1 answer
  • What was the result of the Atlantic charter
    11·1 answer
  • Define enlightenment
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!