1. Stock Market Crash of 1929
People were investing in the stock market in record numbers. ... One method investors used to borrow money was margin buying. The investors only had to put up a certain percentage of the amount invested and the bank or institution would give the rest. If the price of stock went down the investor would get a margin call and be required to put up more money. ... But as a boom continues, there is an increasing number of investors who believe that they can take an upward ride with rising prices on the stock market and get out before the fall. ...
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- Approx Pages: 5
- Grade Level: High School