Buying on the Margin
-Buying on margin is when money is borrowed to buy stock in the hope that it will go up so that you can repay the loan and collect the difference.
-Buying on margin greatly contributed to the stock market crash because everyone went into debt into banks.
-At this point the banks received no money from their customers, leaving them in debt as well. This spiral made the Great Depression even worse.
-Buying on margin greatly contributed to the stock market crash because everyone went into debt into banks.
-At this point the banks received no money from their customers, leaving them in debt as well. This spiral made the Great Depression even worse.