Comparing The Great Depression And The Great Recession

Decent Essays
The Great Depression and the Great Recession were economically devastating to not only the United States, but also to the world. During the Great Depression, people lived without being able to meet their basic needs. They ate very little and could never have the opportunity to obtain anything that was not a necessity. During the Great Recession, most people were able to meet their basic needs. They only had to cut back on their wants. Unemployment, decreases in economic growth, and stock market crashes were all major issues. The times of the Great Depression and the Great Recession were very difficult.
The Great Depression was an overwhelming time period. It happened in the 1930s. Economic growth in this time had completely come to a stop.

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