Urgent! Every society must answer four fundamental economic questions: What will be produced? How should production be organized? How will goods and services be distributed? What is the most effective allocation of resources? How societies answer these questions depends on their economic goals: freedom, efficiency, equity, growth, security, and stability. Societies differ in the degree of importance they attach to each goal. Progress toward one goal can sometimes be achieved only at the expense of another. Fill in the missing answers on the following chart.

During the 1920s, the federal reserve increased the money supply and kept interest rates very low, encouraging consumer spending and the brisk borrowing of money. business investment and the expansion of businesses grew rapidly during the 1920 to meet the needs of this huge consumer spending. however, during the crash of 1929, the federal reserve reversed its expansionary monetary policy and cut off the money supply by almost 30%, causing banks to not have enough currency on hand when depositors wanted their hard-earned money. after reading the prompt, what can you surmise happened next that contributed to the great depression? a) black tuesday b) collapse of banks c) high unemployment d) election of franklin d. roosevelt