Buying on "margin" meant that
a. stocks could be purchased by paying a percent of the price and borrowing the rest.
b. consumer products could be purchased and paid for on the installment plan.
c. European nations could borrow needed capital from U.S. banks so that their citizens could buy U.S. products.
d. the government could use deficit spending to solve the problems of the depression.
e. farmers could use government loans to finance enterprises.
a
You might also like to view...
What was one of the political consequences of the Korean War?
A. It increased the powers of the presidency and weakened the powers of Congress in the conduct of foreign affairs. B. It heightened public support for the Democratic Party in the 1952 election. C. It increased bipartisanship in the making of American foreign policy. D. It led the Republican Party to include a plank in its 1952 platform questioning the validity of the containment doctrine.
The Hellenistic period in Greek history began with the
A) creation of an empire by Alexander the Great. B) conquest of Greece by Roman legions. C) rise of Mycenae. D) defeat of Sparta. E) triumph of Sparta over Athens.
What new technologies were developed that also had profound impact on trade and commerce?
What will be an ideal response?
Manichaeans advocated
a. a radical dualism between spirit and matter. b. a universal "justice." c. restoring the original unity of Christian, Zoroastrian, and Buddhist teachings. d. All of these answers are correct.