In this excerpt, the author points out that “Snow White and the Seven Dwarfs” was nicknamed “Disney’s Folly.” People were suggesting that Disney was being

The correct answer is D foolish.

This nickname “Disney’s Folly” implies that many people believed Walt Disney was making a foolish decision by investing heavily in an animated film, as it was an unproven concept at the time. The term “folly” typically refers to a lack of good sense or foolishness, indicating skepticism about the project’s success.