RissNRojas
Answered

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What happened because of “credit”?

Sagot :

damien56785

Answer:

Explanation:

In 1929, the New York Stock Market crashed. Everyone had been buying stocks on credit and not using real money. When people and banks started asking for the money they had loaned to be paid, no one had enough money. ... This meant that people who deposited their savings in banks could not get any of their money back.

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