asked 34.1k views
3 votes
(HURRY) Why did banks start buying lots of stock in the 1920s?

A) They hoped that by selling hot stocks they could rebuild their cash reserves.

B) They could use stocks to supplement their cash reserves.

C) Banks wanted to be able to support the companies they made loans to.

D) Speculators sold their stocks to banks at a discount.

1 Answer

0 votes
I think the answer is B. They could use stocks to supplement their cash reserves..
answered
User George Willy
by
7.3k points
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