liviranz
Answered

Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

please help brainliest if correct, and answer only if you know it
How did the fact that people viewed the stock market as a “get rich quick” scheme affect stock prices?

Sagot :

Answer:A get-rich-quick scheme is a plan to obtain high rates of return for a small investment. The term "get rich quick" has been used to describe shady investments since at least the early 20th century.[1][2]

Explanation:  Most schemes create an impression that participants can obtain this high rate of return with little risk, and with little skill, effort, or time. Get-rich-quick schemes often assert that wealth can be obtained by working at home. Legal and quasi-legal get-rich-quick schemes are frequently advertised on infomercials and in magazines and newspapers. Illegal schemes or scams are often advertised through spam or cold calling. Some forms of advertising for these schemes market books or compact discs about getting rich quick rather than asking participants to invest directly in a concrete scheme.

braya0647

the way people viewed was that if they invested in stock that would earn money si the stock prices went up because more people wanted to invest in it so the demand became greater .

Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.