I believe the answer is: The government had little involvement with monitoring the health of banks.
The banks at that time were notorious for giving the credit without actually having enough capital to back the credit up, and a lot of reckless speculation were made by investment analyst who work for the banks Without government involvement, they have every freedom to do so. Over time, this create massive bubble that lead to the Great Depression.
Answer:
Buddhists do not regard the existence of other religions as hindrance to worldly progress and peace. ... In Buddhism there are no religious laws, commandments and religious punishments but only advices given by the Buddha without using any divine power.
Explanation:
persistent high inflation combined with high unemployment and stagnant demand in a country's economy.
The correct answer is: money (though some praise might also be granted). Indeed, the concept is that output matters a great deal, and since employees are paid not by the hour but by each piece they manufacture; they have an incentive to produce as many pieces as possible.
The issue with this system is that it leads to horrendous abuses, where people will work themselves out until total exhaustion: since the amount paid for each piece is too low and a certain output is mandatory, which penalizes older, slower workers. In England and later in North America and the rest of the Industrialized world, this system has become known as the sweatshop system.