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Was it a recession or the Great Depression or prohibition when people loss their life savings?
This was The Great Depression
What event was a greater impact the great depression or the great recession?
The Great Depression had a more profound and lasting impact than the Great Recession. It resulted in widespread unemployment, significant economic contraction, and transformative changes in government policy and regulation, shaping the global economy for decades. While the Great Recession also caused severe economic distress and led to important reforms, its effects were less severe and shorter-lived compared to the Great Depression. Ultimately, the Great Depression reshaped societal structures and economic systems in a way that the Great Recession did not.
How are the great depression and the great recession the same?
They arent man you arent thinking the same thing the depression is worse man dude dude dude dude you are thinking of the depression and the crash in the government7
What is a good analogy for the Great Depression?
The recession of 2008 and the Great Depression of the 1930s have similar beginnings. Financial meltdowns caused a reduction in consumer spending which lead to unemployment in great numbers.
When Great Economic Depression started?
There was no 2nd Great Depression. Many thought the Great Recession would be a great depression but that was not the case. In reality, the economy was not even close to another great depression. The great depression included such things as wage fixing and pricing fixing by the government, excess public debt from WW1, Smoot-Hawley act, etc. The Great Recession was just a financial breakdown, which is bad, but not a GD.
Was it a recession or the Great Depression or prohibition when people loss their life savings?
This was The Great Depression
What is global recession?
Global recession is a period of economic slowdown. The Great Depression and Great Recession are two periods in time that experienced global recession.
How did government economic policies during the 1920s lead to the Great Depression?
Government Economic policies did not lead to the great Depression. The Great Depression started out as a normal recession as part of a business cycle. However, bad government policies (e.g. protectionism) has worsened the recession and turned it into what we now know as the Great Depression.
How did government economic policies during the 1920 lead to the great depression?
Government Economic policies did not lead to the great Depression. The Great Depression started out as a normal recession as part of a business cycle. However, bad government policies (e.g. protectionism) has worsened the recession and turned it into what we now know as the Great Depression.
What event was a greater impact the great depression or the great recession?
The Great Depression had a more profound and lasting impact than the Great Recession. It resulted in widespread unemployment, significant economic contraction, and transformative changes in government policy and regulation, shaping the global economy for decades. While the Great Recession also caused severe economic distress and led to important reforms, its effects were less severe and shorter-lived compared to the Great Depression. Ultimately, the Great Depression reshaped societal structures and economic systems in a way that the Great Recession did not.
Was the great depression the only depression to affect the US?
Once we finish this "recession" we will be calling the last few years the "Greater Depression".
How are the great depression and the great recession the same?
They arent man you arent thinking the same thing the depression is worse man dude dude dude dude you are thinking of the depression and the crash in the government7
How did the recession in the 1980s affect farmers?
it affected farmers because of the set back from the great depression
What is a good analogy for the Great Depression?
The recession of 2008 and the Great Depression of the 1930s have similar beginnings. Financial meltdowns caused a reduction in consumer spending which lead to unemployment in great numbers.
WasThe great depression was a time when the US experienced severe economic recession and deflation?
Yes, this is true
When Great Economic Depression started?
There was no 2nd Great Depression. Many thought the Great Recession would be a great depression but that was not the case. In reality, the economy was not even close to another great depression. The great depression included such things as wage fixing and pricing fixing by the government, excess public debt from WW1, Smoot-Hawley act, etc. The Great Recession was just a financial breakdown, which is bad, but not a GD.
How does the great depression the same as the recession?
well both times people lost money and jobs. and they both had sad people
