The correct answer is: Only conclusion II follows.
The statement “Adversity makes a man wise” does not necessarily mean that the poor are wise. It is possible for someone to experience adversity and not become wise, and it is also possible for someone to become wise without experiencing adversity.
The statement does, however, suggest that man learns from bitter experience. This is because adversity can be a source of learning and growth. When we experience adversity, we are forced to confront our weaknesses and limitations. We may also be forced to make difficult choices. These experiences can help us to develop wisdom and resilience.
Therefore, only conclusion II follows.