Answer: Soup (happy to help)
Explanation:
One of the main factors which contributed to the Stock Market Crash in 1929, when the very loose regulations related to margin orders.
In financial terms, margin in an instrument which consists on depositing a collateral with a counterparty (generally the broker) to cover some of the credit risk that the depositor places to that counterparty.
In the 1920s, the mandatory requirements regarding margins were not very strict, and brokers asked investors to put in a small fraction of their own money. Leverage rates which measure the proportion of debt, reached 90% with a high frequency. Nowadays, the Federal Reserve has established the limit of 50%.
Back in 1929, when the stock market started to contract, many investors received margin calls. They had to hand in more money to their brokers, because the amounts required before were not enough and if not, their shares would be sold. Many people did not have the extra margin amounts required, their shares were sold and the market declined further. This generated more margin calls and more declines. This is why margin calls were one of the causes which triggered the Stock Market Crisis and, in turn, the Great Depression in 1929.
Some parts of the New Deal were declared unconstitutional.
<span><em>A.L.A. Schechter Poultry Corp. vs. United States</em>: The Supreme Court unanimously ruled against US regulations of the poultry industry. The decision meant that </span>the National Industrial Recovery Act of 1933, a New Deal program, was unconstitutional in the eyes of the court and could not continue.
<em>United States vs. Butler:</em> The Supreme Court ruled that taxes instituted under the Agricultural Adjustment Act of 1933 were unconstitutional, negating another New Deal program.
The correct answer is: the practice of selling indulgences.
The 95 Theses were written in 1517 by Martin Luther, professor of moral theology at the University of Wittenberg, Germany.
Luther objected to the corrupt practice of selling indulgences because he believed that salvation could only be reached through faith and by divine grace. His 95 Theses would later become the foundation of the Protestant Reformation which profoundly changed Europe.