a problem for people who bought stock on credit during the 1920s was that if the stock market collapsed…

a problem for people who bought stock on credit during the 1920s was that if the stock market collapsed, they\no would owe more than they could repay.\no would have to buy more stock on speculation.\no would have to buy more stock on margin.\no would lose a little money in their stock.

a problem for people who bought stock on credit during the 1920s was that if the stock market collapsed, they\no would owe more than they could repay.\no would have to buy more stock on speculation.\no would have to buy more stock on margin.\no would lose a little money in their stock.

Answer

Brief Explanations:

Buying stock on credit in the 1920s was risky. If the stock - market crashed, the value of the stocks would plummet while the debt from buying on credit remained. People would end up owing more than they could repay. Buying more stock on speculation or margin is not the main problem when the market crashes. Losing a little money is incorrect as the losses could be huge due to the credit - based purchase.

Answer:

would owe more than they could repay.