during the 1920s, people would buy stock on margin, which meant that they bought it on credit paid cash for…

during the 1920s, people would buy stock on margin, which meant that they bought it on credit paid cash for it paid in installments bought it on speculation
Answer
Brief Explanations:
Buying stock on margin in the 1920s involved borrowing money (buying on credit) to purchase stocks. It was a common practice that contributed to the stock - market bubble.
Answer:
They bought it on credit.