History, 11.11.2020 01:00 collinpeterson21

How did the belief that stocks were overvalued in the late 1920s effect the American economy? Companies made huge profits on stock speculation. People held on to their stocks, hoping for profits. People began questioning the value of the stocks they owned. Businesses refused to sell their company stocks.

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How did the belief that stocks were overvalued in the late 1920s effect the American economy? Compan...