Which situation helped cause the stock market crash of 1929?

a. excessive speculation and buying on margin
b. unwillingness of people to invest in new industries
c. increased government spending
d. too much government regulation of business


Answer: a. excessive speculation and buying on margin

History

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A) It had its origins in the loosely organized Kanem state. B) Ruling dynasties of the state included the Sefawa and Mai. C) It had an economy based on control of the caravan routes. D) It was overthrown by Moroccan forces. E) It was a pious Muslim kingdom that promoted literacy and law.

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Indicate whether the statement is true or false.

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What will be an ideal response?

History