"Scores of issues, large and small, dropped to the lowest prices of the year or longer as the bottom appeared to drop out of the stock market."
Which of the following factors contributed most directly to the stock market crash described in this article?
(2 points)
Responses
Excessive stock speculation and buying on margin
Excessive stock speculation and buying on margin
The government's decision to increase interest rates
The government's decision to increase interest rates
Declining agricultural prices in rural areas
Declining agricultural prices in rural areas
International trade disputes and tariffs
1 answer
The factor that contributed most directly to the stock market crash described in the article is:
Excessive stock speculation and buying on margin.
This practice led to inflated stock prices and created a bubble that eventually burst, resulting in the sharp decline in stock values observed during the crash.
