Sample Essay on:
The Great Depression and the 2009 Economic Recession

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Essay / Research Paper Abstract

A 3 page comparison of these two times in history. This paper compares the relative impacts to families and psychological state of mind. Bibliography lists 3 sources.

Page Count:

3 pages (~225 words per page)

File: AM2_PPgrtDepression2009.rtf

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Unformatted sample text from the term paper:

indeed the world as a whole are engulfed by what some choose to call an economic recession (Jacobe 31). In reality this "recession" is closer to a depression both in its causative factors and its impact on society. This "recession" could, in fact, rightly be compared side by side with the Great Depression of the early twentieth century (Jacobe 31). In many ways, however, the 2009 economic plummet that we are experiencing has the potential to impact both our families and psychological well being to a much harsher degree than did the Great Depression! Michele Obamas recent theatrics in planting a so-called victory garden in remembrance of Eleanor Roosevelt having done so during the Great Depression has more implications on this countrys state of affairs than many of us realize. One interpretation is that even the Presidents family could benefit economically from home-grown food in these hard times (Christian Science Monitor 25). The years spanning 1929 to 1941, of course, were some of the hardest ever endured in the United States (Bernanke 107). This was the time of the Great Depression. The Great Depression seemed to appear almost overnight. As Smiley observes, in the years preceding the Great Depression, "the United States had achieved a higher degree of comfort than had ever existed anywhere on earth" (3). Although this country had experienced earlier depression, even one in 1920 just a few years previously, the Great Depression would prove to be an order of magnitude more significant than any other (Bernanke 107). Americans today, however, are potentially facing much more dramatic impact than those experienced in the Great Depression! These impacts will be extremely hard on American families and on our psychological well ...

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