Match the vocabulary word with its meaning. 1. literacy the political orientation of those who hold that a republic is the best form of government 2. republicanism a political orientation that favors social progress by reform and by changing laws rather than by revolution 3. liberalism a way of thinking that is more concerned with results than with theories 4. utilitarianism a system of social organization in which producing and distributing goods is owned collectively or by a centralized government 5. pragmatism ability to read and write 6. socialism theory that emphasizes practical usefulness of things, not their outward beauty

The correct matching is as follows:
1. LITERACY: Ability to read and write.
2. LIBERALISM; A political orientation that favors social progress by reform and by changing laws rather than by revolution.
3.PRAGMATISM: A way of thinking that is more concerned with results than with theories. 
4. SOCIALISM: Is a system of social organization in which production and distribution of good is owned collectively or by a centralized government.
5. UTILITARIANISM: Socialism theory that emphasizes practical usefulness of things, not their outward beauty.
6. REPUBLICANISM: The political orientation of those who hold that a republic is the best form of government. 

The right answer is:

A: The stock market crash caused a panic   >   people rushed to pull money out of the banks   >   Banks did not have enough money for everyone.

Explanation

The aforementioned excerpt is from "American Life Histories: Manuscripts from the Federal Writers' Project, 1936-1940" and it describes a group of men in New York City who made a living by collecting and selling junk from their pushcarts.

It specifically refers to the stock market crash of 1929 during which there was a collapse of stock prices. It was the worst decline in U.S. history.

People were forced to sell businesses and take out their life savings. Unemployment took place later as businesses failed.