Question

What federal gov't policy contributed to the increase in stock prices during the 1920's?

Answer 1

Answer:

Explanation:

One reason for the boom was because of financial innovations. Stockbrokers began allowing customers to buy stocks "on margin." Brokers would lend 80%-90% of the price of the stock. Investors only needed to put down 10%-20%. If the stock price went up, they became millionaires.