asked 120k views
1 vote
Which statement best describes how investment in the stock market during the mid-to-late 1920s contributed to the Great

Depression?
A)
People were unable to repay the loans used to purchase stocks,
B)
Government taxes on stock transactions made it difficult to repay investors
C)
Financial institutions were not required to report earnings to stock
investors
D
Foreign countries were not required to immediately pay stockholder
earnings

asked
User Wobbley
by
7.8k points

2 Answers

3 votes

Answer: A or B

Step-by-step explanation:

answered
User Cintia
by
8.0k points
4 votes
It is either B or A, the investors hardly got payed because the government got greedy, and people kept getting loans and not paying them
answered
User Wayne Bloss
by
8.6k points
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