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.
Answer:
The Supreme Court ruled against the prevailing notion of separate, but equal. In a 9-0 decision, they held that public school segregation violated the equal protection granted to United States citizens by the Fourteenth Amendment.
Explanation:
Under Jackson’s spoils system, the political party of a new president could entail political interest via way of means of public personnel in support of their party and the personnel’s elimination from the workplace if their party loses the election.
<h3>What is the Spoils system?</h3>
Spoils system, additionally known as the patronage system, exercise wherein the political party triumphing in an election rewards its marketing campaign employees and different lively supporters via way of means of appointment to authorities posts and with different favors.
Therefore, Under Jackson’s spoils system, the political party of a new president could entail political interest via way of means of public personnel in support of their party and the personnel’s elimination from the workplace if their party loses the election.
Learn more about spoils system here:
brainly.com/question/722628
#SPJ1
Answer:
Gibbons v. Ogden, 22 U.S. 1, was a landmark decision in which the Supreme Court of the United States held that the power to regulate interstate commerce, granted to Congress by the Commerce Clause of the United States Constitution, encompassed the power to regulate navigation.
Explanation:
Holy Fairs: The Kumbh Mela (the "pitcher festival") is one of the holiest of Hindu pilgrimages that is held four times every twelve years; the location is rotated among the four cities of Prayagraj, Haridwar, Nashik, and Ujjain. Shravani Mela of Deoghar and Pitrapaksha Mela of Gaya are also notable holy fairs.
