One problem with the stock market right before the crash was that people were buying "on margin."
What does buying "on margin" mean?
Responses
A person buys stock one day and plan to sell it the next.
A person buys stock one day and plan to sell it the next.
A person buys stock in foreign countries.
A person buys stock in foreign countries.
A person buys stock in high-risk companies.
A person buys stock in high-risk companies.
A person borrows money to buy stock.
1 answer
A person borrows money to buy stock.