deysifajardo7541 deysifajardo7541
  • 26-01-2022
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Which statement best describes the stock market crash of 1929

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Kakashi2055
Kakashi2055 Kakashi2055
  • 26-01-2022

Answer:

Based on the above information and your knowledge of the time period, the statement that BEST explains why the stock market crashed in 1929 is as stock prices began to drop, more brokers made "margin calls" which led to more devaluing of stock as panic set in as shares flooded the market.

Explanation:

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daniellapadilla62 daniellapadilla62
  • 26-01-2022
Stock prices drop -> margin crops
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