Question

Of the following,which occurred after the stock market crash in 1929?
1.The establishment of the Federal Deposit Insurance Corporation
2.The Wealth in the country owned by a small percentage of people
3.stocks being bough on the margin
4.use of credit to make purchases

Answer 1

I think it's 2?

Answer 2

Nope. What does your text say?

Answer 3

I can't really find anything in my text. It mostly is just telling me about how it started the great depression and that the economy fell apart basically. So if it isn't that the wealth of the country was owned by a small amount of people, and I know it shouldn't be stocking being bought because everyone was trying to sell theirs in a panic would it be 1? The establishment of the FDIC?

Answer 4

Yes.

https://www.investopedia.com/terms/f/fdic.asp

Answer 5

Thank you so much!

Answer 6

You're welcome.

Answer 7

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Answer 8

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Answer 9

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