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nika2105 [10]
4 years ago
12

Why did buying on margin contribute to the Great Depression?

History
2 answers:
Masteriza [31]4 years ago
6 0

Answer:

Buying on margin helped bring about the Great Depression because it helped to cause Black Tuesday when the stock market crashed. ... When the stock prices dropped, all the people who had borrowed to buy on the margin were in trouble. They could not repay their loans because the stock prices had not risen.

Explanation:

Ivahew [28]4 years ago
3 0

Answer: Buying on margin helped bring about the Great Depression because it helped to cause Black Tuesday when the stock market crashed. ... When the stock prices dropped, all the people who had borrowed to buy on the margin were in trouble. They could not repay their loans because the stock prices had not risen.

Explanation:

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Answer:

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Explanation:

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1. In which ways do you think revolutionary ideals affected the anti-slavery movement?​
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Answer:

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Explanation:

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dsp73

Answer:

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