Instead of being the warm centre of the world, the middle west now seemed like the ragged edge of the universe—so i decided to go east and learn the bond business. the element of setting described in the excerpt provides the context.

The element of setting described in the excerpt provides the geological context.

Explanation:

Geology means the study of the Earth in ancient Greek. Therefore, a geological context will talk about the Earth and the physical surroundings. In this excerpt, the author describes the Middle West has ragged and not having a warm center. These context clues show us that the author is referring to his or her surroundings.