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What was one factor that led to the event described in this headline? Banks refused to give out learns in the 1920s People bought stocks with credit in the 1920s Demand for consumer products decreased in the 1920s Trade decreased during the 1920s

Question

What was one factor that led to the event described in this headline?
Banks refused to give out learns in the 1920s
People bought stocks with credit in the 1920s
Demand for consumer products decreased in the 1920s
Trade decreased during the 1920s

What was one factor that led to the event described in this headline? Banks refused to give out learns in the 1920s People bought stocks with credit in the 1920s Demand for consumer products decreased in the 1920s Trade decreased during the 1920s

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AmberVeteran · Tutor for 11 years

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People bought stocks with credit in the $1920s$

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The headline likely refers to the stock market crash of 1929, which was partly caused by people buying stocks on credit, leading to inflated stock prices and unsustainable debt levels. This practice contributed to the economic instability that precipitated the crash.
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