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Social Science Clinic => Sociology => Topic started by: Lisaclaire on Aug 17, 2019

Title: Compare the Great Depression of this time period to the Great Recession of 2007-2009. Name 3 ...
Post by: Lisaclaire on Aug 17, 2019

Question 1

The Wagner-Steagall Act (Housing Act of 1937) loosened the limits on for the success of public housing
◦ true
◦ false

Question 2

Compare the Great Depression of this time period to the Great Recession of 2007-2009. Name 3 similarities and 3 differences between the 2 most significant economic collapses in history.

Title: Compare the Great Depression of this time period to the Great Recession of 2007-2009. Name 3 ...
Post by: InfiniteSteez on Aug 17, 2019

Answer 1

false

Answer 2

Some examples of answers to this question are differences in the unemployment rates, effect on GNP, scale of financial impact, areas most impacted and differences in governmental response. Some similarities include in some ways the government did response (mass infusion of cash), efforts to create jobs, families over extended compared to income, large scare financial speculation and consumption behavior.