Consider the noted policy mistakes made by the Federal Reserve during the Depression and explain how each may have contributed to economic decline.

“The speculative effects of the stock market boom in 1928-29 caused the Fed to increase interest rates to curtail the boom.”

The federal reserve system gave only big banks loans/money to give out to their customers as credit, but many people had money in smaller banks, so when people started to fear after the Stock Market Crash of 1929 and take money out of the banks, not everyone was able to, so the banks went under and some people left without their money. This began to cause deflation, causing prices to drop, businesses cut costs which then requires them to let off workers, which begins the whole cycle again.

answer: both considered peasants valued members of society.

explanation: the ancient chinese and indian empires were large asian empires that had the same problems with other big empires, they had to work hard and sometimes fight in order to keep them united, they both relied heavily on their capacity to trade and to send strange and rare items to europe, and had the father as the head of the house hold in both societies, but they didn´t considered pleasants as valued members of their society, they were the bottom of the social pyramid in both of their societies.

may i have the answer choices?