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kipiarov [429]
2 years ago
6

How did people first react to the stock market crash?

History
1 answer:
nexus9112 [7]2 years ago
5 0

Answer:

Many people were on margin (that's when you put your stock up for security and the bank makes you a loan to buy more stock. Effectively the bank owns the stock). "Everybody's doing it. You can make scads of money doing it." When the market crashed, in many cases it took everything you had. Those who knew what was going on panicked.

Explanation:

You might be interested in
How are countries' economies similar, even if they have access to different resources and are in different locations?
maria [59]

Answer:

Option 2

Explanation:

The complete question is

How are countries’ economies similar, even if they have access to different resources and are in different locations?

  1. They all must answer the questions of what to produce and how to produce it based on the resources they have.
  2. They all use the same method or share the same beliefs when making decisions about what to manufacture.
  3. They all must produce a certain number of different products to have a successful economy.
  4. They all must achieve a certain ratio of goods produced compared to goods purchased to make their economies work.

Solution

The countries have similar economy only when they have similarity in beliefs or operation. For instance countries having different geography, resources etc. can have capitalist economy depending on the fact that it put more emphasis to business and revenue generation than the betterment of society. Like wise similarity is operation such as opening the economy for the global market make it a globalized economy

Hence, option 2 is correct

5 0
3 years ago
How patrick henry's actions helped america
tekilochka [14]

Answer:

Henry helped to construct the state constitution and on June 29, 1776, the Convention elected him the first governor of independent Virginia. The governor used his power during the war to help his friend George Washington, recruiting troops for the cause and sending supplies to Valley Forge during the infamous winter.

Explanation:

7 0
4 years ago
Would you consider Lenin’s communist revolution successful? Did Lenin accomplish his goals? Justify your answer.
ratelena [41]

Answer:

No, I do not think that he was successful.

Explanation:

His idea was a political theory about how the revolutionary communist party should be organized. It says it should be a dictatorship of the proletariat (the working class holds the power). It is considered one of the first steps towards socialism (where the workers own the factories, etc.) He did not get that done.

6 0
3 years ago
1. Why was the Union victory at the Battle of Gettysburg important? O A. It caused the Confederacy to surrender. OB. It divided
Ksivusya [100]

Answer:

D

Explanation:

The Union's victory in the Battle of Gettysburg put a definitive end to Confederate General Robert E. Lee's plan to invade the North

8 0
3 years ago
What historic African region was known for
IgorLugansk [536]

Question:

→What historic African region was known for  working with iron to create weapons and tools?

Answer:

→ Nok culture of Nigeria

Explanation:

→Iron smelting and forging technologies may have existed in West Africa among the Nok culture of Nigeria as early as the sixth century B.C. In the period from 1400 to 1600, iron technology appears to have been one of a series of fundamental social assets that facilitated the growth of significant centralized kingdoms in the western Sudan and along the Guinea coast of West Africa. The fabrication of iron tools and weapons allowed for the kind of extensive systematized agriculture, efficient hunting, and successful warfare necessary to sustain large urban centers.

8 0
3 years ago
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