The "State of Nature" is a philosophical concept of society before the constitution of the state and the law, where there would be no civil rights or legislation and people would do whatever they like in favor of their own interest.
The correct answer is B. A situation in which people do whatever they are strong enough to get away with.
In the 1920s, people would often buy things on credit, without much concern about how they would pay it back. When the Great Depression started, many people were already in debt and could no longer pay back what they owed. This led to the collapse of many business. <span />
Answer:
Natural disasters such as earthquakes, floods, typhoons, and hurricanes inflict serious damage and so seem to be bad for the economy. For firms, natural disasters destroy tangible assets such as buildings and equipment – as well as human capital – and thereby deteriorate their production capacity.
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