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Shkiper50 [21]
3 years ago
13

The booming stock market of the 1920s was

Social Studies
1 answer:
Inga [223]3 years ago
7 0

Answer:

During the 1920s, the booming stock market roped in millions of new investors, many of whom bought stock on margin. The 1920s also witnessed a larger bubble in all kinds of credit - on cars, homes, and new appliances like refrigerators. In the years after the 1929 crash, the credit-based economy fell apart.

Explanation:

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The social, economic, political, and religious events that shaped the composition of work are referred to as the historical context.

<h3>Why is knowledge of historical context crucial?</h3>

The time frame in which a story takes place is referred to as the historical context. Social context is a reflection of how the events taking place in and around the period and location where the characters live have an impact on their actions and attitudes.

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