Reasons for the Wall Street Crash Flashcards
1
Q
In the 1920s, for every 4 businesses that succeeded, how many failed?
A
3
2
Q
What was the bull pool?
A
Brokers making their stock look appealing to investors by buying and selling shares between eachother
3
Q
What was land speculation?
A
A real estate boom in Florida led to thousands investing in property. However, hurricanes led to many houses being destroyed and leaving thousands bankrupt.
