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Nana76 [90]
3 years ago
6

Which description of nomads is the most accurate?

History
1 answer:
alisha [4.7K]3 years ago
4 0
They have no permanent home

explanation:
all of those could be correct but the base meaning of a nomad is that,
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The 1920's was characterized as a decade of economic prosperity for Americans. Many American citizens invested their money in the Stock Market and were able to make a significant profit off of their investments. The Stock Market success resulted in millions of Americans buying stock on margin. Buying on margin allowed individuals to put 10% of the price of a stock as a down payment while borrowing 90% of the value of the stock from the bank. Banks at this time had thousands, possible millions, of these types of loans available for citizens. This system allowed citizens to have more currency on them, resulting in them spending it on luxury items like stoves, cars, ovens, etc.


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