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6.14 The Bubble Bursts

1. What did not contribute to the collapse of the stock market in 1929?

A. Businessmen started companies called "investment trusts" that bought stock on credit.
B. Investors poured money into risky investments.
C. Investors bought stocks on margin.
D. The real worth of companies held steady.

2. How were the American people businesses affected by the Depression?
A. Businesses laid off workers or closed down.
B. Families had little cash to buy goods.
C. People lost their savings due to bank failures.
D. all of the above

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vbreeze1733

1. The real worth of companies held steady.

2. All of the above

6.14: The Bubble Bursts

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Tundexi

1. Option A and D is correct because the Investors invested in risky investments.

The collapse of the Stock market in 1929 was caused by steep fall in the prices of stocks because of widespread financial panic

  • Stock brokers who called in loans made to stock investors caused a financial panic, thus, resulting to fall in stock prices.

  • Many financial institutions went bankrupted and people lost their entire life savings because of the collapse.

Learn more about this here

brainly.com/question/25028981

2. All of the above option are correct during the Depression Era.

Great depression is the period when United State experienced the worst economic downturn in history.

Problems arise because of Great depression includes:

  • Unemployment rate rose
  • Increase in Homelessness
  • Families had little cash to buy goods.
  • People lost their savings due to bank failures.
  • Businesses laid off workers or closed down.
  • Collapse of international trade
  • Increase in Deflation rate etc

Learn more about this here

brainly.com/question/20230043

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