1 - Buying on margin:
a - is done because it is the safest way to increase earnings.
b - was rarely in the 1920's.
c - was limited to 25% of an investment to curb the tendency to buy too much stock and overvalue the market.
d - created a market value that was based on dept, not on what a corporation's stock realistically was worth.
2 - One reason for the stock market crash was:
a - the economy was fueled by too much by the spending of the wealthy-the poor were unable to purchase all the necessities.
b - the economy was fueled by the poorest 10%, most of whom had some disposable income-when they lost jobs the economy suffered.
c - difficult to figure out, economists still have not figured out why the market crashed.
d - the middle class had not put enough money in the market to keep it growing.
PLZ help. 10 Points for best answer. Thank you!
2007-01-28 12:37:00 · 1 answers · asked by Anonymous in Education & Reference ➔ Homework Help
1 a) and
2 c) althought the main reason attributed is SPECULATION
2007-01-28 20:34:38 · answer #1 · answered by Josh 3 · 0⤊ 0⤋