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Looking Ahead on Monday, October 28, 1929

Which statement from the article shows that people believed that the drop in the market was an anomaly?

A: "Bankers and brokers strove to put their houses in order."
B: "The conductors graphically pointed out, 'where all that money was lost last week."
C: "The hysteria of last Thursday had passed as quickly as it developed."

2 Answers

4 votes
the answer is C on e2020
User ThomasEdwin
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The correct answer would be alternative C) "The hysteria of last Thursday had passed as quickly as it developed."

This statement is related to the Great Depression of 1929, which was the worst economic crisis the United States has ever faced.

Alternatives A and B seem to show people dealing with the situation as if it were only another day in the office, talking about "putting the house in order" , and as if it were simple, and easy to demonstrate and understand with reports and graphs.

Alternative C best describes it as a hysteria, people being desperate and treatin it as an anomaly.

User Deshwal
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