History, 29.07.2019 12:00 ameliaxbowen7

:between 1920 and 1929 on average how much did stock prices increase

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Look at the chart that I have attached. The low point was between 55 or 60 to 381. When you look at something like Bitcoin, that doesn't look like it was very much, but there are two things that you really have to keep in mind.

1. Most people had only about 10% of the price of the stock covered. What that means is that if a stock cost 100 dollars, most people had only 10 dollars holding it down. The rest was put up by the bank. The market was doing such crazy things that I don't even think the banks checked into your credit. The stock was holding down what you owed. The bank only got its share when you sold. Preposterous!!! It sure was.

2. The second thing is that the numbers I've given you were the Dow Jones Industrial Average. That's the cream of the cream on the NY stock exchange. Who knows what was going on with companies that were not that big. They were what the economic writers would have called "Good Speculations," which translated into "go mortgage your house, sell your furniture, back up the truck (and then sell it too) and buy xzy. You'll never be broke again."

That by the way is why bitcoin and all its relatives is so dangerous.
:between 1920 and 1929 on average how much did stock prices increase

:between 1920 and 1929 on average how much did stock prices increase

Answer from: Quest

the answer is title i subtitle b

Answer from: Quest

(1) university of virginia: its a colonial heritage was founded in 1819 by declaration of independence author and former president thomas -charlottesville, virginia, united

(2) yellowstone national park is an american national park located in wyoming,montana and idaho and is a colonial heritage site.it was established by us congress and signed into law by president ulysses g grant on march 1,1872.yellowstone is usa's and world's first national park and a heritage site.the park is also known for its wildlife and its geothermal geysers.

(3) yosemite national park: : : colonial heritage site in north in western sierra nevada of central was designated a world heritage site in 1984..it is famous for its granite cliffs,waterfalls,clear streams,giant sequoia groves,lakes,mountains,glaciers and biological

(4) grand canyon national park: : colonial heritage site in north in north western arizona and is 15th site declared as national park..the park's central feature is the grand canyon, a gorge of the colorado river,which is also considered one of the wonders of the world.the park covers 1217262 acres.the grand canyon was designated a world heritage site in by unesco in 1979.

(5) taos pueblo

(6) redwood national park

(7) cahokia mounds

(8) wrangell-st. elias national park

(9) glacier bay national park

(10) kluane national park

(11) tatshenshini-alsek provincial park

(12) mammoth cave national park

(13) olympic national park

(14) great smoky mountains national park

(15) quebec city

(16) everglades national park