(US.16)-Which statement best describes how investment in the stock market during the mid-to-late 1920s contributed to the Great Depression?

Question

(US.16)-Which statement best describes how investment in the stock market during the mid-to-late 1920s contributed to the Great Depression?

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1 point
People were unable to repay the loans used to purchase stocks.
Government taxes on stock transactions made it difficult to repay investors.
Financial institutions were not required to report earnings to stock investors.
Foreign countries were not required to immediately pay stockholder earnings.

Answer 1

The statement that best describes how investment in the stock market during the mid-to-late 1920s contributed to the Great Depression is: People were unable to repay the loans used to purchase stocks.