Many European countries had what was referred to as a "Sphere of Influence" in China at this time. So, Secretary of State, John Hay, created an open door policy to allow all countries equal privileges in trade.
um so im not sure what the answer is cos im doing the same test rn but the question is asking for your opinion on what u think it means so they probably wont count it as incorrect as long as its on topic and makes sense :)
Time is the most beneficial- watch this video to learn why. https://www.youtube.com/watch?v=RRWggYusSds
Answer:
The right answer is "A panic ensued and people began to sell their stocks, causing prices to dive."
Explanation:
The margin calls made by brokers cause a mini-crash of the market on March 25, 1929. Prices plummeted. There was a temporary solution when some prominent bankers promised they would continue to lend, assuaging investors´concerns.
