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Topic: American History
Number of pages / Number of words: 3 / 599
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Banks needed insurance (such as FDCI) implemented before the crash, for prevention of problems. It was implemented after the crash had already taken place; the damage had been done.

An additional suggestion might have been to disallow buying stock on margin. This would stop speculation and only people who really could invest in to the stock market would do so...


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This would stop speculation and only people who really could invest in to the stock market would do so. Perhaps raising the percentage of what investors had to put down, to purchase stock on margin.

In industry, manufacturing was based on the excellent economy at the time. Perhaps a little caution would have been a good idea...


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