Crash Victims Info

The Great Crash...Multiple Choice!!!?

Investment trusts that owned part of the market: a - were hapless victims of the great crash. b - helped fuel the crash because they passed on profits taking that money out of the market. c - helped fuel the crash because they issued stock that was only as valuable as the profits of the companies they invested in. d - were able to help soften the initial crash with infusions of crash. PLZ help me OUT.. Thank you so MUCH!!

Public Comments

1. The answer is C!
2. D were able to help soften the initial crash with infusions of cash. This onlyworked for a very short time (two weeks max as I recall,) then the banks and investment houses could not/would not continue to bail out the market and the inevitable occurred. Good luck
3. Not sure.
4. c