during the 1920s, people would buy stock on margin, which meant that they bought it on credit. paid cash for…

during the 1920s, people would buy stock on margin, which meant that they bought it on credit. paid cash for it. paid in installments. bought it on speculation.

during the 1920s, people would buy stock on margin, which meant that they bought it on credit. paid cash for it. paid in installments. bought it on speculation.

Answer

Brief Explanations:

Buying stock on margin in the 1920s meant borrowing money (buying on credit) to purchase stocks. The other options do not accurately define buying on margin. Paying cash is the opposite of buying on credit. Paying in installments is a different payment - plan concept. Buying on speculation refers to buying with the hope of price - increase, not the method of payment.

Answer:

A. bought it on credit.