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One reason the stock market collapsed in October 1929 was that A. Many stocks had been purchased on credit B. The prices of most stocks were too low C. Banks refused to loan mon…

One reason the stock market collapsed in October 1929 was that A. Many stocks had been purchased on credit B. The prices of most stocks were too low C. Banks refused to loan mon…
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One reason the stock market collapsed in October 1929 was that

A. Many stocks had been purchased on credit
B. The prices of most stocks were too low
C. Banks refused to loan money to purchase stocks throughout the 1920s
D. Many companies stopped selling shares of stock

PLEASE HELP ME!!!

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User Krzydyn
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1 Answer

4 votes
quizlet has a lot of answers and it says “Tuesday, October 29 the stock market crashed because many investors sold their shares or pulled their money out.” which i believe would be answer B). the prices of most stocks were too low
answered
User IUrii
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