Question

Read the excerpt from the interview with E.Y. (Yip) Harburg. We thought American business was the Rock of Gibraltar. We were the prosperous nation, and nothing could stop us now. A brownstone house was forever. You gave it to your kids and they put marble fronts on it. There was a feeling of continuity. If you made it, it was there forever. Suddenly the big dream exploded. The impact was unbelievable. Based on the excerpt and your historical knowledge, why did the stock market crash make Americans lose confidence in business

Answer 1

Hello. You forgot to show the answer options. The options are:

Other industries became more successful and provided needed jobs.

Most successful business owners refused to assist those in need.

Americans realized that business was not immune to failure and could collapse.

Average Americans became the victims of unethical business owners.

Answer:

Americans realized that business was not immune to failure and could collapse.

Explanation:

With the stock market crash, Americans realized that business was not immune to problems, that they could not provide infinite stability to American citizens, as they were susceptible to unfortunate adversities that could cause a major imbalance at any time. They will understand that it was necessary to invest in diversified things and not to put all faith in a single economic branch, because the economy is something very unstable and delicate.

Answer 2

Answer:

The answer is Americans realized that business was not immune to failure and could collapse.

Explanation: