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Tatiana [17]
3 years ago
6

What was "Buying on Margin" and how did it help lead to the Stock Market Crash of 1929?

History
1 answer:
NeX [460]3 years ago
8 0

Answer:

Buying on margin helped bring about the Great Depression because it helped to cause Black Tuesday when the stock market crashed. ... They could not repay their loans because the stock prices had not risen. When they could not repay their loans, they went broke. Because so many people could not repay loans, banks failed.

Explanation:

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