The Great Crash...Multiple Choice!?
Question:
a - were hapless victims of the great crash.
b - helped fuel the crash because they passed on profits taking that money out of the market.
c - helped fuel the crash because they issued stock that was only as valuable as the profits of the companies they invested in.
d - were able to help soften the initial crash with infusions of crash.
PLZ help me OUT.. Thank you so MUCH!!
Answer:
D were able to help soften the initial crash with infusions of cash.
This onlyworked for a very short time (two weeks max as I recall,) then the banks and investment houses could not/would not continue to bail out the market and the inevitable occurred.
Good luck
The answer is C!
Not sure.
c
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