11.5

which statement best describes how investment in the stock market during the mid to late 1920s contributed to the great depression?

• People were unable to repay the loans used to purchase stocks

• government taxes on stock transaction made it difficult to reapy investors

• Financial institutions were not required to report earning to stock investors

• Foreign countries were not required to immediately pay stockholder earnings

Which of the following directly contributed to the economic instability of the united states in 1929?

• the implementation of personal income tax

• overspeculation in the stock market

• new regulations on banking

• the elimination of import tariffs