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6 October, 14:33

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.

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  1. 6 October, 15:00
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    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.
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