In the 1920s, the danger of buying stock on credit was that if the stock dropped, borrowers

History

2 answers:

viktelen [127]3 years ago

9 0

The correct answer is A) could not repay loans used to buy the stock.

In the 1920s, the danger of buying stock on credit was that if the stock dropped, borrowers could not repay loans used to buy the stock.

People bought the stock with the current value of that time. Pepple had tp cover the loan if the value of the stock increased. When the value falls, people had to make up the difference. That was the danger to buy stock on credit because they loaned people the money and had to be repaid.

Elena-2011 [213]3 years ago

4 0

Could not repay loans used to buy the stock

You might be interested in

This series of land and sea routes helped to connect Europe, Africa and Asia and allowed for civilizations to trade goods, foods

Tomtit [17]

Answer:

Correct answer is A)The Silk Road

Explanation:

A is correct as the Silk Road refers to land and sea route that connected Europe and Asia, but also this continents with parts of Africa. Until the Ottomans took control of Asia Minor it was the main trade route in the world.

B is not correct as this is the channel that connects Britain with continental part of Europe.

C and D are also not correct as they don't refer to certain trade routes.

7 0

2 years ago

What is “survival of the fittest” and how does it “throw” wealth into the hands of the few?

n200080 [17]

Answer:

Theory by Darwin.

Explanation:

Andrew Carnegie and John D. Rockefeller remembered as the rich men who owned larger companies. Both supported the theory of social Darwinism. Social Darwinism is a theory related to the survival of the fittest in society. The theory given by Charles Darwin, which points to evolution. Wealth is in the hands of a few people due to economic struggle. Money ends up remaining in the hands of those who grow their wealth by using their skill and strength.

8 0

3 years ago

by the 13th century, the___ was the largest land Empire at that point? A.) Roman Empire B.) Monogol Empire C.) Ottoman Empire D.

geniusboy [140]

Answer I believe is B)Mongol Empire

4 0

3 years ago

Read 2 more answers

What was a criticism of the USA Patriot Act when first enacted?

Ann [662]

Answer:

Criticism. Critics of the USA PATRIOT Act charged that several parts of the statute were unconstitutional or invited abuse by federal authorities.