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kakasveta [241]
3 years ago
7

In our own day, what freedoms are people willing to sacrifice for greater security

History
1 answer:
zzz [600]3 years ago
5 0
Social security act is one 
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Which chain of events correctly accounts for the conditions described in the excerpt?
Umnica [9.8K]

<u>The right answer is:</u>


A: The stock market crash caused a panic   >   people rushed to pull money out of the banks   >   Banks did not have enough money for everyone.


Explanation

<em>The aforementioned excerpt is from "American Life Histories: Manuscripts from the Federal Writers' Project, 1936-1940" and it describes a group of men in New York City who made a living by collecting and selling junk from their pushcarts.</em>

<em>It specifically refers to the stock market crash of 1929 during which there was a collapse of stock prices. It was the worst decline in U.S. history. </em>

<em>People were forced to sell businesses and take out their life savings. Unemployment took place later as businesses failed.</em>



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