The article explores why business investment in Greece dropped significantly during the Great Depression. The researchers found that the drop in investment was not solely due to profitability but also because firms had trouble accessing capital. They used a unique dataset of Greek manufacturing firms to analyze the situation. They discovered that during the crisis, the importance of capital adjustment costs increased, and financial constraints played a significant role in limiting firms' access to capital. This shows that both profitability and credit conditions are crucial factors affecting firm investment during large crises.