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
BRAINLIESTTT ASAP!!!!
UNO [17]

The battle that led to the down fall of is known as "The siege of Constantinople". Constantinople was the capital city of the Byzantine Empire and one it was one of the most heavily fortified cities in the world in 1453. This battle after ten centuries of wars, defeats, and victories marked the end for the Byzantine Empire when Constantinople fell to the Ottoman Turks. It is said that Constantinople held out only because of its supposedly impregnable walls. The city was finally captured as the Ottoman Turks poured into the city through one of the gates that was forced (some claimed that it had been unlocked).

3 0
3 years ago
Why did so many freedmen become sharecroppers and how did
ehidna [41]
Many freedmen did not have anywhere to go because many people at the time did not allow blacks to work for them. So blacks worked for farmers for small wages. This created so-called new slavery because the blacks would be paid so little for their work (almost a few cents for 1 year of work)
5 0
3 years ago
What does Channon mean when he writes that Hitler’s actions were a “bold departure from the written bond”?
alekssr [168]

they migh go bshdjsnsba

6 0
3 years ago
How did the Black Death prove profitable for who were able to survive?
marusya05 [52]

People were able to eat more meat and high-quality bread, which in turn would have improved health

3 0
3 years ago
The first Jim Crow laws applied to
Setler [38]

Answer:

D

Explanation:

They separated schools and public transportation first

8 0
3 years ago
Read 2 more answers
Other questions:
  • Harriet Tubman was a key figure in helping ________.
    10·2 answers
  • Why did the u.s support the French control in vietnam
    10·2 answers
  • Railroads encourage the growth of settlements in the west because they
    6·1 answer
  • Summary of dr kings speech I have a dream
    11·1 answer
  • Which of the following obstacles would western settlers have NOT encountered on the waterways
    5·1 answer
  • Which ruler greatly expanded the kingdom of franks and created a vast empire AD 800?
    8·1 answer
  • Who were the Ottoman Turks?
    12·1 answer
  • How much power does the supreme court have on the judicial
    10·1 answer
  • Why did the last amendment, the 27th, upset many Representatives and Senators?
    11·2 answers
  • Who were two important people who lived at the same time as william tyndale?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!