U.S. History STAAR ( State of Texas Assessments of Academic Readiness) Practice Test

What motivated the actions of speculators?

1. The desire for governmental approval

2. High hopes for profit from risky investments

3. A wish for community improvement

4. Fear of losing investment opportunities

The correct answer is: High hopes for profit from risky investments

Speculators were primarily motivated by high hopes for profit from risky investments. This reflects the nature of speculation, which typically involves purchasing assets or commodities with the expectation that their value will increase significantly over time. This pursuit of financial gain often leads speculators to engage in activities that may seem risky or uncertain. They analyze market trends, forecast future prices, and invest with the intention of reaping substantial rewards when their predictions prove correct. The allure of large profits often drives their decisions, sometimes overshadowing the potential downsides of their investments. While governmental approval, community improvement, and fear of losing opportunities may influence some investors or individuals, they do not capture the core motivation behind speculators' actions. Speculators tend to prioritize the potential for profit above other considerations, making it their primary driving force.