Margin answer buyin - Study guides, Class notes & Summaries
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The Great Depression Questions & Answers(SCORED A)
- Exam (elaborations) • 4 pages • 2023
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Stock Market -ANSWER A system of buying and selling stocks in a corporation. Before, the late 1920s, stocks generally reflected the stocks true value. 
 
Margin -ANSWER Buying a stock by paying only a fraction of the stock price and borrowing the rest. 
 
Black Tuesday -ANSWER On October 29, 1929, stock prices took the steepest dive ever. That day stocks lost $10 to $15 billion in value. 
 
Overproduction -ANSWER Making more goods than people could buy. This caused goods to sit in warehouses and...
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