Answer :
Answer:
Speculation And Overleverage In The Great Depression
Rampant speculation led to falsely high stock prices, and when the stock market began to tumble in the months leading up to the October 1929 crash, speculative investors couldn't make their margin calls, and a massive sell-off began.
Explanation:
Stock Speculation
Before the Great Depression, there were limited regulations that governed the stock market. Investors were able to speculate wildly and buy stocks on margin or using borrowed money. ... The poor policies that governed the stock market proved to be another of the causes of the Great Depression