Question

Risky stock purchases made by investors with the hope of high returns was known as:

a.) Speculation
b.) Black Tuesday
c.) The Business Cycle
d.) Localism

Answer 1

I'm going with c.

Answer 2

It is actually A.) Speculation

Answer 3

Speculation is the practice of engaging in risky financial transactions in an attempt to profit from short or medium term fluctuations in the market value of a tradable good such as a financial instrument, rather than attempting to profit from the underlying financial attributes embodied in the instrument such as capital gains, interest, or dividends. Many speculators pay little attention to the fundamental value of a security and instead focus purely on price movements. Speculation can in principle involve any tradable good or financial instrument. Speculators are particularly common in the markets for stocks, bonds, commodity futures, currencies, fine art, collectibles, real estate, and derivatives.

Answer 4

:)

Answer 5

Oh ok thanks again :)