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During the 1920s, people would buy stock on margin, which meant that they


bought it on credit.

paid cash for it.

paid in installments.

bought it on speculation.

Verified Answer :

MissPhiladelphia

For the answer to the question above, in the 1920's people bought stock on margin which meant that they could hold the stock for as little as a 10% downpayment. They also bought the stocks by credit.They wait for the stock price to rise and then they sold it.

A) bought it on credit.


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