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Which option best explains why it is significant that John D. Rockefeller lost his fortune in the stock market crash?

SELECT AN ANSWER

A. His companies employed most American workers.

B. He was a famous businessman, so many people learned about his losses.

C. It illustrates how severe the crash was for the economy as a whole.

D. His companies caused the stock market to crash when their stocks lost value.

1 Answer

3 votes
The correct answer to this open question is the following.
You forgot to attach the options. We cannot choose a specific option because there are none.
However, trying to help you we can say the following.
John D. Rockefeller lost his fortune in the stock market crash. This was significant because the wealthiest businessmen in America also were very affected by the stock market crash of October 29, 1929, better known as the "Black Tuesday." Historians say that almost fourth-fifths of his fortune vanished after the stock market crash.
Not only Rockefeller was affected. Other rich industrials like Henry Ford and Andrew Carnegie lost millions of dollars from their companies, Ford Moror Company and US Steel, respectively.
User Chauncy
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