Answer:
a. increased government regulation of banking and the stock market.
Explanation:
The great recession started in the late 1920s and lasted for almost a decade. Economists believe that the crash of the stock market crash in 1929 was one of the causes of the recession. Between 1930 and 1932, the US banking industry experienced panic moments. Monetary contractions led to many customers attempting to withdraw large sums of money at the same time.
Turbulence in the banking and stock markets was a major reason for the great recession. In seems that the government regulations were not adequate to prevent the recession. It was after the recession that the government, through the federal reserve and other agencies, formed strict regulation for the financial services sector.