Which of the following economic practices BEST describes speculation?

The practice of purchasing stocks with borrowed money

The practice of buying appliances and automobiles on credit

The practice of investing in savings accounts at banks

The practice of buying cheap stocks hoping to earn profits later

the correct answer is d

herodotus taught this. herodotus was an ancient greek historian who was born in halicarnassus in the persian empire. he is known for having written the book the histories, a detailed record of his "inquiry" on the origins of the greco-persian wars.

in the 1800s, chinese workers migrated to the united states, first to work in the gold mines, but also to take agricultural jobs, and factory work, especially in the garment industry. chinese immigrants were particularly instrumental in building railroads in the american west, and as chinese laborers grew successful in the united states, a number of them became entrepreneurs in their own right. as the numbers of chinese laborers increased, so did the strength of anti-chinese sentiment among other workers in the american economy. this finally resulted in legislation that aimed to limit future immigration of chinese workers to the united states, and threatened to sour diplomatic relations between the united states and china.