Which of the following entities was blamed in part for the speculative activity leading to the crash?of 1929?

Question

Quizplus · Accepted Answer

Brokers and their firms who extended loans to customers interested in buying stocks on margin were partly responsible for the speculative activity leading to the 1929 stock market crash. These loans allowed individuals to purchase stocks with borrowed money, which drove up the prices artificially and created a market bubble. When the bubble burst, many investors were left with significant losses, which triggered the Great Depression.

Which of the Following Entities Was Blamed in Part for the Speculative