YoungChiko978 YoungChiko978
  • 20-04-2017
  • History
contestada

During the 1920s, more people began to acquire shares of stock using
A.credit.
B.cash.
C.installments.
D.speculation.

Respuesta :

madisonschexnei madisonschexnei
  • 18-06-2018
The answer is A. Credit
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palebadgworthy
palebadgworthy palebadgworthy
  • 03-04-2019

The correct answer is A.

Becoming indebted with the aim of buying shares is called buying on margin.  This was one of the most widespread practices in financial markets in years that preceeded the financial crash of 1929 and the derived Great Depression.

Buying on margin consists on purchasing an asset using leverage, this means,  borrowing its face value (or a great share of it) from a bank or other financial institution.

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