Question

During the 1920s, people would buy stock on margin, which meant that they

bought it on credit.
paid cash for it.
paid in installments.
bought it on speculation.

Answer 1

A) bought it on credit.

Answer 2

For the answer to the question above, in the 1920's people bought stock on margin which meant that they could hold the stock for as little as a 10% downpayment. They also bought the stocks by credit.They wait for the stock price to rise and then they sold it.