Question:

1920's Stock Market Crash

by Guest1828  |  12 years, 9 month(s) ago

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Judging from the events of the late 1920s and early 1930s how important do you think public confidence is to the health of the economy?

 Tags: 1920s, Crash, market, stock

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2 ANSWERS

  1. Guest4651
    without public confidence there is no such a thing as strong economy and governments these days are bending head over heals to make sure they don't lose the public thought process.  think about it, if you know someone who never pays back money, never lives up to his words and lies all the time; would you be comfortable doing business with him?  the whole problem is created by the interest and the only solution available is to make sure take the interest to 0% so at least people will know what to payments to pay.  no public confidence is the difference between strong and weak nations.

  2. Guest6351
    You didn't answer it, try again.
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