Question

Select the correct answer.

What practice directly caused the stock market crash of 19293
O A.
OB.
O C.
D.
the use of credit to buy consumer items
overproduction of manufactured goods
speculation on stocks and buying on a margin
a decrease in prices on agricultural goods

Answer 1

The stock market crash of 1929 was directly caused by speculation on stocks and buying on a margin.

Step-by-step explanation:

The correct answer is C. speculation on stocks and buying on a margin. Speculation in the stock market and buying stocks on margin were common practices during the 1920s, leading to a speculative bubble and an artificially inflated stock market. When the bubble burst and stock prices plummeted, it resulted in the stock market crash of 1929.

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