Buying on Margin
- Buying on came from the idea of investing money that you didn't actually own into the stock market.
-This created major problems because people couldn't pay back what they owed and banks were crashing
-Main reason why the Stock Market crashed in 1929
- Shortly after the public started to do this the great depression started.
-This created major problems because people couldn't pay back what they owed and banks were crashing
-Main reason why the Stock Market crashed in 1929
- Shortly after the public started to do this the great depression started.