Register
How did the belief that stocks were overvalued in the late 1920s effect the American economy?
51.1k views
4 votes
How did the belief that stocks were overvalued in the late 1920s effect the American economy?

User Sergionni
by
6.4k points

2 Answers

4 votes
Companies made huge profits on stock speculation. People held on to their stocks, hoping for profits. People began questioning the value of the stocks they owned.
User Matt Koala
by
6.9k points
4 votes

Answer:

People began questioning the value of the stocks they owned.

Step-by-step explanation:

User FutureJJ
by
6.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.6m questions

10.2m answers

Other Questions

What goal of the constitution was also a goal of the Magna Carta?
is it true or false that after the american revolution conflicts in the northwest territory erupted between remaining british soldiers and native americans
How did world war 1 affect the racial and ethnic makeup of american cities
What was an effect of nationalism in Europe in the early 1900s?
What were the positive and negative effects of Egypt being imperialized by Britain.
Link Copied!