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?
a)other industries became more successful and provided needed jobs.
b)most successful business owners refused to assist those in need.
c)americans realized that business was not immune to failure and could collapse.
d)average americans became the victims of unethical business owners.

Based on the options given above, the correct answer would be option C.

Explanation:

Based on the given excerpt above, from the interview with E.Y. (Yip) Harburg, the stock market crashed which made Americans lose their confidence is business is this: Americans realized that business was not immune to failure and could collapse. Hope this answer helps.

answer: common sense was the pamphlet that thomas paine used to convince reluctant americans to abandon the goal of reconciling with britain and to accept that independence was the only option to preserve their liberty.

yes as the core issue is an ever increasing majority of human workers   will become permanently unemployed as ever cheaper ever more intelligent automated machines inevitably replace more expensive human workers with each passing year.

economic growth now and in the future requires that fewer jobs are created for human workers. this is the desirable inevitable consequence. the automation of the jobs of human workers is the most profitable economically productive activity on the planet.

so as a global society we need to have a plan to deal with this inevitable change.

automation has been, is and will always be a friend to human society if human society on a global basis is prepared to deal with the inevitable consequences.

what is key is that automation killing all jobs is only a matter of when not if.

the real question is can we get past the now invalid assumption that most humans can work for a decent wage going forward.

i spent my working career increasing automation and increasing efficiency. this consequently reduces the hours worked by humans while increasing the output economic goods and services at an ever decreasing price.

why not have ever cheaper ever more intelligent automated machines create the vast majority of required economic goods and services as opposed to human workers?

why not have most human workers working less and retiring earlier?

there is much more to life than working forever.

fortunately, automation has been going on for decades and will continue as an irreversible process as ever cheaper ever more intelligent automated machines permanently replace more costly human workers.

i write this answer for the people that have an open mind and are not living in the past this is what i feel most effectively deals with the tractable issues that automation creates.

the question at hand is how we deal with automation going forward as a society.

automation is only a threat because society has yet to acknowledge automation is happening let alone effectively a having a plan to address it.

a conservative libertarian free market idea where individuals choose what economic goods and services are produced in the free market as the free market supply will respond to free market demand. this is not a centrally planned communist economy.

it is yes as the core issue is an ever increasing majority of human workers   will become permanently unemployed as ever cheaper ever more intelligent automated machines inevitably replace more expensive human workers with each passing year.

economic growth now and in the future requires that fewer jobs are created for human workers. this is the desirable inevitable consequence. the automation of the jobs of human workers is the most profitable economically productive activity on the planet.

so as a global society we need to have a plan to deal with this inevitable change.

automation has been, is and will always be a friend to human society if human society on a global basis is prepared to deal with the inevitable consequences.

what is key is that automation killing all jobs is only a matter of when not if.

the real question is can we get past the now invalid assumption that most humans can work for a decent wage going forward.

i spent my working career increasing automation and increasing efficiency. this consequently reduces the hours worked by humans while increasing the output economic goods and services at an ever decreasing price.

why not have ever cheaper ever more intelligent automated machines create the vast majority of required economic goods and services as opposed to human workers?

why not have most human workers working less and retiring earlier?

there is much more to life than working forever.

fortunately, automation has been going on for decades and will continue as an irreversible process as ever cheaper ever more intelligent automated machines permanently replace more costly human workers.

i write this answer for the people that have an open mind and are not living in the past this is what i feel most effectively deals with the tractable issues that automation creates.

the question at hand is how we deal with automation going forward as a society.

automation is only a threat because society has yet to acknowledge automation is happening let alone effectively a having a plan to address it.

a conservative libertarian free market idea where individuals choose what economic goods and services are produced in the free market as the free market supply will respond to free market demand. this is not a centrally planned communist economy.

hope this