While consumer purchasing contributed to a booming economy, much of the consumption was fueled by which practice?

A. Crypto Currency

B. Margin Buying

C. Credit

D. Gold Standard

The prosperous decade leading up to the stock market crash of 1929, with easy access to credit and a culture that encouraged speculation and risk-taking, put into place the conditions for the country’s fall. The stock market, which had been growing for years, began to decline in the summer and early fall of 1929, precipitating a panic that led to a massive stock sell-off in late October.

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While consumer purchasing contributed to a booming economy, much of the consumption was fueled by which practice? A. Crypto Currency B. Margin Buying C. Credit D. Gold Standard

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While consumer purchasing contributed to a booming economy, much of the consumption was fueled by which practice?

A. Crypto Currency

B. Margin Buying

C. Credit

D. Gold Standard