130k views
0 votes
On October 30, 1929, many of the remaining investors in the US stock market

A. slowed as wages increased.
B. increased as wages stagnated.
C. slowed as wages stagnated.
D. increased as wages increased.

User Bananakilo
by
8.5k points

2 Answers

6 votes
I think the correct answer from the choices listed above is option C. On October 30, 1929, many of the remaining investors in the US stock market slowed as wages stagnated. Margins were generally around 50% at the time. Hope this answers the question. Have a nice day.
User Leo Napoleon
by
8.5k points
0 votes

I believe the answer is: C. slowed as wages stagnated.

The US stock market crash made many investors from all over the world became extremely cautious to put their money in the united states market. Since during this period many companies fail to obtain profit. the wages of their employees were either stagnated or even reduced.

User Archit Maheshwari
by
9.5k points