Question

widespread business failures
a sudden increase in agricultural exports
the passage of the selective service act

growing demand for payment of military pensions
clear all
above were partially the result of ~

Explanation:

The image shows a historical context (likely related to the Panic of 1893 or similar economic crises). Widespread business failures were a key result of such economic downturns. A sudden increase in agricultural exports would be positive, the Selective Service Act is about conscription (not economic), and military pension demands were more post - Civil War but not the main cause of the depicted crisis. So "widespread business failures" is the correct choice.

Answer:

The option with "widespread business failures" (the first radio button option).