in the 1920s, the danger of buying stock on margin was that if the value of the stock dropped…
in the 1920s, the danger of buying stock on margin was that if the value of the stock dropped, borrowers\nhad to make up the difference.\nlost ownership of the stock.\ncould no longer speculate on stock.\ncould no longer get credit.
Answer
Answer:
had to make up the difference.
Brief Explanations:
When buying stock on margin in the 1920s, if stock value dropped, borrowers were required to cover the short - fall to meet margin requirements.