what happened when the stock market crashed in october 1929?\nmost banks panicked and bought more…
what happened when the stock market crashed in october 1929?\nmost banks panicked and bought more stocks.\nmost investors panicked and sold all their stocks.\nmost investors calmly put their money into banks.\nmost banks calmly invested to help the stock market.
Answer
Answer:
B. Most investors panicked and sold all their stocks.
Brief Explanations:
When the stock market crashed in October 1929, investors were afraid of further losses. They panicked and sold their stocks in large quantities. This mass - selling further exacerbated the market decline. Buying more stocks (A) would be contrary to the panic - driven behavior. Putting money into banks calmly (C) is not in line with the panicked situation. Banks were also affected by the crisis and did not calmly invest to help the stock market (D).