Question

Which chain of events correctly accounts for the conditions described in the excerpt?

These men earn their living by cruising the streets long before daylight, collecting old automobile parts, pasteboard, paper, rags, rubber, magazines, brass, iron, steel, old clothes or anything they can find that is salable as junk. They wheel their little pushcarts around exploring cellars, garbage cans and refuse heaps. When they have a load, they turn their footsteps in the direction of the American Junk Dealers, Inc., whose site of wholesale and retail operations is located directly opposite the pushcart colony at 134th Street and Park Avenue. Of the fifty odd colonists, many are ex-carpenters, painters, brick-masons, auto-mechanics, upholsterers, plumbers and even an artist or two.

Which chain of events correctly accounts for the conditions described in the excerpt?

Answer 1

the answer is C or D

Step-by-step explanation:

Answer 2

The right answer is:

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

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.

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.

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