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:
They are all apart of the constitution
Explanation:
William Lloyd Garrison was born December 10, 1805 in Newburyport, Massachusetts. In 1830 he started an abolitionist paper, The Liberator. In 1832 he helped form the New England Antislavery Society. When the Civil War broke out, he continued to blast the Constitution as a pro-slavery document.Apr 2, 2014
Answer:
Surplus Resources
Industrialization and Commercialization
Development of Transport and Communication
Explanation:
The Supreme Court case that found the use of the grandfather clause unconstitutional is the Guinn v. United States, 238 U.S. 347 (1915). In its decision, the Supreme Court ruled that the grandfather clause<span> exemptions to </span>literacy tests<span> were unconstitutional. It declared the grandfather clauses as </span><span>repugnant to the Fifteenth Amendment and therefore null and void.</span>
