Which of the following entities was blamed in part for the speculative activity leading to the crash of 1929?
(a) Large manufacturing enterprises
(b) Brokers and their firms who extended loans to customers interested in
buying stocks on the margin
(c) The Federal Reserve System
(d) New mom and pop businesses
Question 2
The implementation of new technology can be quick throughout the world if
(a) patent rights are leased and purchased.
(b) unions are strong.
(c) economies are closed to foreign competition.
(d) tariffs are placed on those imported goods and services benefiting from
the technological advancements in the rest of the world.
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