How did the belief that stocks were overvalued in the late 1920s effect the American economy? A- Companies made huge profits on stock speculation. B- People held on to their stocks, hoping for profits.

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

A- Companies made huge profits on stock speculation.
B- People held on to their stocks, hoping for profits.
C- People began questioning the value of the stocks they owned.
D- Businesses refused to sell their company stocks.

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