Answer:
Explanation:
Panic and disbelief and astonishment.
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 yur had. Those who knew what was going on panicked. Some jumped owt windows. I good remainder when this happened was roughly 20%
Those how didn't know what was going on phoned their brokers who likely told them to hang on -- this was only a correction. Other brokers advised they sell which only intensified the selling pressure. There was no way out. People who don't understand margin should never use it.
Many banks closed their doors. If you want to watch a movie on the subject, you should watch A Wonderful Life. It's a classic. Every library has it or can get it for you.
The Battle of Monmouth<span> (or </span>Battle of Monmouth<span> Courthouse) was an</span>important<span> American Revolutionary </span>War battle<span>, fought at </span>Monmouth, New Jersey on June 28th, 1778. It was here that the Americans intercepted the British forces who were trekking from Philadelphia. God bless and have a nice day ahead!
Civil War killed off slavery and declined the southern economy it also acted as a catalyst to make America into a complex industrial society of capital, technology, national organizations, and large corporations.
Hello,
There are advantages and disadvantages of command economy structures. Command economy advantages include low levels of inequality and unemployment and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.
Hope this helps!!!! :)
