Buying on margin
Notes:
Borrowing money to buy stock in the hope that it will go up and you can repay the loan and collect the difference
SUMMARY :
Many got involved in the stocks. All was going well until to huge stock market crash leaving most if not all in thousands of dollars in debt.
Quotes:
"In the 1920s you could buy stocks on margin. You could put 10 percent down and borrow the rest against your stocks"
Subjunctive questions:
Had not so many been involved in the stocks would it have had such an impact on the economy once the crash happened?