In the late 1920s,you could buy $5,000 worth of stock by putting down as little as

Name: In the late 1920s,you could buy $5,000 worth of stock by putting down as little as
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During the late 1920s, the practice of buying on margin allowed investors to purchase $5,000 worth of stock with as little as $500 down, which was only 10% of the stock's value. This contributed to the stock market bubble that preceded the Great Depression.

In the Late 1920s,you Could Buy $5,000 Worth of Stock