Investment trusts that owned part of the market:
a - were hapless victims of the great crash.
b - helped fuel the crash because they passed on profits taking that money out of the market.
c - helped fuel the crash because they issued stock that was only as valuable as the profits of the companies they invested in.
d - were able to help soften the initial crash with infusions of crash.
PLZ help me OUT.. Thank you so MUCH!!
2007-01-28 11:33:06 · 4 answers · asked by US Girl 2 in Arts & Humanities ➔ History
D were able to help soften the initial crash with infusions of cash.
This onlyworked for a very short time (two weeks max as I recall,) then the banks and investment houses could not/would not continue to bail out the market and the inevitable occurred.
Good luck
2007-01-28 11:41:30 · answer #1 · answered by jeannie 7 · 0⤊ 0⤋
The answer is C!
2007-01-28 19:38:32 · answer #2 · answered by Tinky 2 · 0⤊ 0⤋
c
2007-01-28 21:51:56 · answer #3 · answered by Dave aka Spider Monkey 7 · 0⤊ 0⤋
Not sure.
2007-01-28 19:55:39 · answer #4 · answered by Anonymous · 0⤊ 0⤋