which statement best explains what happened in the stock market from august to the end of october?\nthe…
which statement best explains what happened in the stock market from august to the end of october?\nthe market increased its value.\nthe market lost much of its value.\nthe market totally collapsed.\nthe market slowly inched upward.
Answer
Answer:
The market lost much of its value.
Explanation:
Step1: Observe the graph
From August to the end - of October, the value on the y - axis (representing market value) decreases significantly.
Step2: Analyze options
The market value drops, so it didn't increase or inch upward. It also didn't totally collapse as there is still some remaining value. So the best explanation is that the market lost much of its value.