How did the practices of buying on margin and speculation cause the stock market to rise?
Affirmative action, which took effect March 6, 1961, provides advantages for people of a minority group who are seen to have traditionally been discriminated against, with the aim of creating a more egalitarian society through preferential access to education, employment, health care, social welfare, etc. Affirmative action required that colleges, businesses, etc take the best qualified person without regard to race, religion, national orgin, gender, and race.
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Investors use margin to trade bigger positions. So margin allows for more money to flow into the market, causing stocks to rise.
Answered by Dominique W. -
One way that causes the market to is though news about the company, industry, sector, or anything investors find relevant. ChaCha!
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