In the late 1920s,you could buy $10,000 worth of stock by putting down as little as

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This is known as buying on margin, which was a common practice during the 1920s. Buyers could put down a small percentage of the cost of the stock and borrow the rest from their broker. A $10,000 stock purchase with a 10% margin would require a participant to only put down $1,000. However, this practice led to the stock market crash of 1929 as people were buying stocks with borrowed money and eventually couldn't pay back their loans.

In the Late 1920s,you Could Buy $10,000 Worth of Stock