Question
What practice in large part caused the stock market crash, sparking the Great Depression of the 1930s?
A.
people buying one stock and selling it the same day, called "day trading"
B.
people overspeculating on stocks, using borrowed money that they couldn't repay
C.
government investing the taxes it collected in the stock market
D.
banks purchasing a combination of stocks, bonds, and land investments with deposits
A.
people buying one stock and selling it the same day, called "day trading"
B.
people overspeculating on stocks, using borrowed money that they couldn't repay
C.
government investing the taxes it collected in the stock market
D.
banks purchasing a combination of stocks, bonds, and land investments with deposits
Answers
Answered by
GPT 3.5
B. people overspeculating on stocks, using borrowed money that they couldn't repay
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