Question

Tell me what you know about the Great Depression. How was it different from other financial slowdowns? Then, describe how the knowledge learned allowed policymakers to prevent it from happening again(so far) and/or describe Quantitative easing.

This has to be a pretty long response! If any of you can answer this without plagiarizing, it would be very helpful!

Answer 1

The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. By 1933, when the Great Depression reached its lowest point, some 15 million Americans were unemployed and nearly half the country's banks had failed.