Want this question answered?
B. Stories
In response to past economic crises such as the Great Depression, Americans demanded government policy solutions to widespread unemployment and rising income insecurity. But a new study found that public support for government efforts to address social problems actually declined in the wake of the 2008 economic crisis.
In the Winter of 1873 to 1874, the US was in the worst economic depression in its history. Unemployment was very high and even food was scarce in some places. This depression, did however, give more strength to labor unions.
In 1928, before the Great Depression, the Nazis did disastously in the general election, and Hitler was widely regarded as a grotesque, wildly gesticulating, screaming and shouting, funny little man. The Great Depression brought widespread unemployment and hardship, and many Germans were willing, even keen, to give 'alternative parties' a chance.
The establishment by the federal government of safeguards against future depressions.
economic depression
One of the worst signs of economic depression is high unemployment. Unemployment drives many of the other symptoms of depression (such as increased debt, mortgage foreclosures and unwillingness to spend on luxury items).
B. Stories
economic policy
America
In response to past economic crises such as the Great Depression, Americans demanded government policy solutions to widespread unemployment and rising income insecurity. But a new study found that public support for government efforts to address social problems actually declined in the wake of the 2008 economic crisis.
Depression.
The relative sizes of the areas affected by each level of unemployment
October 29, 1929 The Great Depression began it meant the decline in work and high unemployment at the time
Edgar Harper has written: 'Trade depression & unemployment' -- subject(s): Taxation, Economic conditions, Economic history
Unemployment was much higher in the Depression. Also, the '30s lacked most of the safeguards we take for granted today, including unemployment compensation and deposit insurance.
Some common features of an economic depression include high levels of unemployment and high levels of foreclosures. The high levels of unemployment are indirectly responsible for many of the foreclosures. Another factor in foreclosures is the expiration of first-time buyer tax credits.