How did the belief that stocks were overvalued in the late 1920s effect the American economy?

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asked Feb 11, 2021 51.1k views

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Matt Koala · Answer 1 · 2021-02-13T02:41:55+0000

Companies made huge profits on stock speculation. People held on to their stocks, hoping for profits. People began questioning the value of the stocks they owned.

How did the belief that stocks were overvalued in the late 1920s effect the American economy?

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