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Many people were tempted to buy shares traded on the New York Stock Exchange using the 'on the margin system'. What did this mean?

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The American economy seemed to be booming during the 1920s, but the appearance was deceptive. Half of all American citizens did not share in the general prosperity, and the half who did enjoyed a fragile wealth.


Many people were tempted to buy shares traded on the New York Stock Exchange using the 'on the margin system'. What did this mean?





 
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