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20 July, 12:22

I need this answer pronto

How did stock market activity on October 29, 1929, contribute to the Great Depression?

A. The number of stocks traded on the stock market increased greatly, enabling companies to hire more people.

B. Stock prices increased tremendously, giving banks more money to loan out to costumers.

C. Stock prices dropped quickly and dramatically, leaving investors with less money to repay loans.

D. The number of companies who invested in the stock market increased, giving them less money to pay employees.

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Answers (1)
  1. 20 July, 14:58
    0
    It would be C because due to the stock market crash investors had no money to pay of their loans
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Home » Social Studies » I need this answer pronto How did stock market activity on October 29, 1929, contribute to the Great Depression? A. The number of stocks traded on the stock market increased greatly, enabling companies to hire more people. B.
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