2. This chapter discusses how an understanding of adverse selection and moral hazard can help us better understand financial crises. The greatest financial crisis faced by the United States was during the Great Depression from 1929 to 1933. Go to http://education.yahoo.com/reference/ encyclopedia/. Type "Great Depression" in the search blank. This site contains a brief discussion of the factors that led to this depression. Write a one-page summary explaining how adverse selec- tion and moral hazard were responsible for the depression.