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
4.8k 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
5.0k points
4 votes

Answer:

People began questioning the value of the stocks they owned.

Step-by-step explanation:

User FutureJJ
by
4.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.4m questions

7.0m answers

Other Questions

Why do you think Benito Mussolini and his appeal for a militarily powerful Italy were able to win such wide support in Italy in the aftermath of World War I?
Why Hillary Clinton is a better option than that one guy.
What policies did Nixon employ to end the war?
What was one of the accomplishments of the warren court? answers?
How did the attorneys prove that Irving was guilty of Holocaust denial and clear Lipstadt of libel?
Link Copied!