“the selling pressure was . . coming from everywhere. the wires to other cities were jammed with frantic orders to sell. so were the cables, radio, and telephones to europe and the rest of the world. buyers were very few, sometimes wholly absent.”

–jonathan norton leonard, journalist

read the excerpt and answer the question below.

this excerpt describes the panic selling of stock shares on october 29, 1929. which statement best explains why people were desperate to sell their stocks?

a.

share prices were rising very quickly, so stock owners wanted to collect their big profits right away.

b.

experienced investors were selling large amounts of stock; thousands of other stockholders followed their lead.

c.

share prices were falling very rapidly, completely destroying the value of many stocks.

d.

speculators were making vast fortunes, and many people feared that they would lose out on the stock bonanza.

Which fact from the tinker v. des moines court decision best supports the reasoning that the conduct of the student protesters was protected by the fourteenth amendment, which prohibits deprivation of life, liberty, or property? o a. the record shows that students in some of the schools wore buttons relating to national political campaigns, and some even wore the iron cross, traditionally a symbol of nazism. o b. on the other hand, the court has repeatedly emphasized the need for affirming the comprehensive authority of the states and of school officials, consistent with fundamental constitutional safeguards, to prescribe and control conduct in the schools. c. the action of the school authorities appears to have been based on an urgent wish to avoid the controversy which might result from the expression, even by the silent symbol of armbands, of opposition to this nation's part in the conflagration in vietnam. d. that they are educating the young for citizenship is reason for scrupulous protection of constitutional freedoms of the individual. if we are not to strangle the free mind at its source and teach youth to discount important principles of our government as mere platitudes.