• anonymous
One of the major reasons for the crash of the Stock Market in October of 1929 was the artificial nature of the stocks , many purchased with borrowed money . True or False .
  • schrodinger
See more answers at
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

Get this expert

answer on brainly


Get your free account and access expert answers to this
and thousands of other questions

  • anonymous
This is true. In the years leading up to the crash, many people were caught up in the hopes of making fast money leading to heavy borrowing in order to buy even more stock when things were looking up. Unfortunately, this also created massive speculation on the true value of stocks as more and more people began buying on what they thought the stocks were worth than on their fundamentals.
  • pokemon23
true also the banks closed down and the people that saved their money didn't get them back and this is how like the great depression started well one of the reasons of how it got started

Looking for something else?

Not the answer you are looking for? Search for more explanations.