71.5k views
2 votes
Why did Charles Mitchell’s loan to the stock market encourage people to keep investing, and was it a positive or negative action?

1 Answer

1 vote

Answer:

Right after he provided the $25 million loan to calm the March 1929 panic, which was detrimental in the long run, the Great Depression began.

Step-by-step explanation:

User Lakshman Chilukuri
by
7.0k points