1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ad-work [718]
2 years ago
12

What was the long term cause of people who were in deep debt from buying stocks on margin throughout the 1920s were then unable

to walk away from the stock market because they needed a big payoff to cover their debts. This led to the Crash because
people continued to play the stock market throughout the 1920s without
putting enough cash into it to create real value.
History
1 answer:
Vika [28.1K]2 years ago
5 0

Answer:

During the mid- to late 1920s, the stock market in the United States underwent rapid expansion. It continued for the first six months following President Herbert Hoover’s inauguration in January 1929. The prices of stocks soared to fantastic heights in the great “Hoover bull market,” and the public, from banking and industrial magnates to chauffeurs and cooks, rushed to brokers to invest their liquid assets or their savings in securities, which they could sell at a profit. Billions of dollars were drawn from the banks into Wall Street for brokers’ loans to carry margin accounts.

You might be interested in
Why was the constitutional convention created?
Verdich [7]

Answer:

they relied on a series of checks and balances

Explanation:

The Constitutional Convention in Philadelphia met between May and September of 1787 to address the problems of the weak central government that existed under the Articles of Confederation.

7 0
2 years ago
How do judicial review in the dissent differ from those in majority option
Annette [7]
The right answer for the question that is being asked and shown above is that: "D. The majority opinion uses lower courts' decisions on the same case as evidence."
7 0
3 years ago
Identify the specific rights jefferson outlines in this section.​
yawa3891 [41]

Answer: Declaration of Independence. To the King, the colonists, and the world; for life, liberty and the pursuit of happiness.

Explanation:

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness. That to secure these rights, Governments are instituted among men, deriving their just powers from the consent of the governed. That whenever any form of government becomes destructive of these ends, it is the right of the people to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their safety and happiness.

4 0
2 years ago
Read 2 more answers
The first time that African Americans fought in the Civil War was during the Battle of __________.
Leviafan [203]

Answer:

D

Explanation:

Hope this helps unsure why you asked though.

4 0
2 years ago
Read 2 more answers
How would the speed of a planet be different if it's orbit were a circle instead of an ellipse
Lady_Fox [76]
When a planet has an elliptical orbit its speed varies throughout its orbital period. If it had a circular orbit then its speed would remain constant throughout.
8 0
2 years ago
Other questions:
  • How can the Supreme Court overturn legislation approved by the congress and the president?
    14·2 answers
  • What was the role of William Pitt in the French and Indian War?
    6·1 answer
  • What was one reason spain sponsored the first voyage of columbus to the west
    10·1 answer
  • What was the original goal of the british east india company?
    5·1 answer
  • In 410 C.E. this Visigoth leader captured the city of Rome.
    10·2 answers
  • Which deity had a helmet that makes him invisible?
    10·1 answer
  • Why is the unilateral system of gage-tolerance allocation preferred over bilateral system?
    10·1 answer
  • Define the term Annex.<br><br><br><br>What did this term  mean for Mexico?
    8·1 answer
  • In the wake of the September 11, 2001 terrorist attacks, the federal government authorized the Justice Assistance Grant in order
    9·1 answer
  • What's the definition of the French and Indian war
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!