susmarble susmarble
  • 02-06-2016
  • History
contestada

for most of the 1920s, how did the growth of credit affect the stock market?

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trumpetdude
trumpetdude trumpetdude
  • 09-06-2016
the stock market was built on money that wasn't there, because people were buying stock on credit (which means our economy was supported by unreal numbers) so when the stocks began dropping to their real prices, people panicked and began cashing in their stocks. because the stock market was built on fake cash. this destroyed the economy from within and without
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kaitlinsierras
kaitlinsierras kaitlinsierras
  • 14-12-2020

Answer:

A: Investors bought more stocks on margin, and the stock market rose.

Explanation:

edg2020

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