What were the two drags on the economy leading into the Great Depression? What impact did they have on the economy? What distortions were present during the years leading up to the Great Depression? What role did the financial crisis play in the Great Depression? What was the Fed's role in the financial crisis? What mistakes did the Fed make before and during the financial crisis? Why was there a recession during the Great Depression? How do sticky wages explain the duration of the Great Depression? Why were there sticky wages during the Depression? What did Keynesian theory attribute the Great Depression to? What did Keynesian theory say would get the economy out of the Great Depression? What did the monetary argument attribute the Great Depression to? What did the monetary argument say would get the economy out of the Great Depression?