Asked by michael
Which option most accurately explains the developments that led to the Stock Market Crash of 1929?
The practice of “painting the tape” by high-profile investors led to buying bubbles that overvalued worthless stocks.
The overproduction of cars by the Ford Motor Company led to a reduction in sales, overvaluation of the industry, and a collapse of the market.
The collapse of the Radio Corporation of America caused the devaluation of its stock and the collapse of the market.
The United States government’s decision to stockpile gold led to reduced monetary circulation and a collapse of the market.
A?
The practice of “painting the tape” by high-profile investors led to buying bubbles that overvalued worthless stocks.
The overproduction of cars by the Ford Motor Company led to a reduction in sales, overvaluation of the industry, and a collapse of the market.
The collapse of the Radio Corporation of America caused the devaluation of its stock and the collapse of the market.
The United States government’s decision to stockpile gold led to reduced monetary circulation and a collapse of the market.
A?
Answers
Answered by
Ms. Sue
Yes, A.
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