Which of the following was part of the reason for the stock market crash?
A) the high rate of deflation in the 1920s
B) the tax policies of the 1920s that hurt the wealthy, who might otherwise have bought more stocks
C) the buying of great amounts of stock on margin and the resulting bubble
D) the low tariff, which allowed imports to corner several important American markets
E) the remarkably poor returns on government bonds in 1929
Correct Answer:
Verified
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