Dec 20, 2009

All Quiet on the Western Front | Compare and Contrast

1920s: In the world of finance, the Dow Jones Industrial Average hits 381. A period of general prosperity for the country (except for the farmer), the government adopts a "laissez-faire" attitude towards big business. This policy ends with the collapse of the economy following October 29, 1929, the stock market crash, when $30 billion disappears, a sum equal to what the war cost America.

Today: The Dow Jones Industrial Average reaches 7,000, as Federal Reserve Chairman Alan Greenspan keeps a steady watch on the burgeoning economy and cautions investors of the...