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Why did so many investors begin to sell off their stocks, causing Black Thursday and leading to the beginning of the Great Depression?

Respuesta :

When panicked sellers traded nearly 13 million shares on New York stock exchange more than three times the Norma volume at the time and investors suffered 5 billion in losses.
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Why did so many investors begin to sell off their stocks, causing Black Thursday and leading to the beginning of the Great Depression?

A. They needed the money for other investments.
B. There were too many scams involving stocks.
C. Companies were losing business and their money.
D. It was better to keep cash on hand for emergencies.

Answer: C. Companies were losing business and their money.

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