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tensa zangetsu [6.8K]
3 years ago
13

What was the result of the margin calls from brokers on October 21, 1929?

History
2 answers:
const2013 [10]3 years ago
5 0

Answer:

A panic ensued and people began to sell their stocks, causing prices to dive.

Explanation:

Fed [463]3 years ago
4 0

Answer:

The right answer is "A panic ensued and people began to sell their stocks, causing prices to dive."

Explanation:

The margin calls made by brokers cause a mini-crash of the market on March 25, 1929. Prices plummeted. There was a temporary solution when some prominent bankers promised they would continue to lend, assuaging investors´concerns.

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The correct answer is "robber barons."

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I do not agree.

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It is common to hear that colonization was a blessing for the life of the colonies because it took culture, religion and modenity to a region considered "wild" and "inadequate". However, we can say that colonization was not a blessing anywhere, since in these regions the adoption of European culture and religion was imposed in very violent and authoritarian ways.

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