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

User Sergionni
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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
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Answer:

People began questioning the value of the stocks they owned.

Step-by-step explanation:

User FutureJJ
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