Great Depression Vs Great Recession

Decent Essays
The United States is considered to be the world’s largest national economy. The United States have proven time and time again that its economy is one that should be modeled after by showcasing a proven track record. Although its economy is considered the largest, it has had its problems such as the Great Depression and the Recession that have taken placed recently beginning in 2007 lasting until mid 2009. Both of these economic down turns are similar in nature which has caused many to feel negative effects,
Many will view the Great Depression as the worst economic down turn in American history, and many compare it effects to the Great Recession. There are many similarities of both events such as bank failures. Banks fells during the Great
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