Asked by Kaileigh
During the 1920s, buying stock on credit was called
buying on speculation.
buying on a gamble.
buying on margin.
buying on margin call.
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Buying on margin.
Explanation: "Buying on margin" means purchasing stocks with borrowed money. During the 1920s many investors bought stocks on margin, which helped inflate the market and contributed to the crash when margin calls forced sales.
Explanation: "Buying on margin" means purchasing stocks with borrowed money. During the 1920s many investors bought stocks on margin, which helped inflate the market and contributed to the crash when margin calls forced sales.
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