Dec 29, 2009

Mulatto | Compare and Contrast

1930s: America experiences the Great Depression, a huge financial tragedy that many attribute to the recent stock market crash. During the Depression, the unemployment rate rises.

Today: America experiences a recession, a fi- nancial tragedy that many attribute to the massive drop in stock prices in recent years. Although the government tries to take steps to improve the economy, such as lowering federal interest rates, unemployment remains high and consumer con- fidence—one indicator of the health of the economy— remains low.

1930s: Although the...