The articles of confederation was our first form of government during and after the Revolutionary War. It was weak and ineffective for many reasons, and two of the most important were that the government could not levy taxes, and did not have an executive branch. Why are these two factors so important to a functioning government? (2 points for each factor’s explanation) don’t forget to use examples of what was happening in history at that time.

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