Great Depression vs. Great Recession - Evan and Kynon

            In this Infographic, we used the stock market value, unemployment rates, suicide rates, and inflation rates to prove the similarities and differences between the Great Depression and the Great Recession. Stock market value describes the prices in stocks, and when stocks are worth less, people have often bought the stock for much more than they are worth, resulting in lost money. Unemployment rates are important because they show the number of people who did not have work and could not earn a living. Suicide rates are important because during times of depression and struggle, people often commit suicide, so it can be used to make valid inferences about the difficulty during the Depression and Recession. Inflation rates show how much the currency in the United States is really worth, and the inflation rates were high during these times.

              In both the Great Depression and Great Recession, it was clear that many events such as the Stock Market Crash of 1929 led to a significant decrease in the value of the stock market. Unemployment rate was significant, as during the Great Depression, unemployment rates were at 24.9% at its highest. This is a direct correlation to suicide, as the suicide rates in both the Depression and Recession suffered large spikes when more people were forced to give up their life savings, homes, and personal belongings in order to survive. Inflation rates also increased in both situations.

                  Now the Great Depression and the Great recession were both very similar with the effect it had on the population. However the magnitude those effects had on the population varied greatly. Compared to the the Great Depression, the Great Recession was almost nothing. Simply comparing the individual stats it is easy to see that the Great Depression is nearly triple what the Great Recession dealt with. Not to say that the Great Recession wasn't a tragedy that affected the population, but that compared to the Great Depression it seems very small.

Works Cited

“The Great Depression.” Free Hostia, thegreatdepression.freehostia.com/causes.htm.

“Inflation and CPI Consumer Price Index 1930-1939.” InflationData.com, inflationdata.com/articles/inflation-cpi-consumer-price-index-1930-1939/.