Question
Dating back to the 1700's in the United States we have had several economic recessions and one Great Depression. Starting with the Great Depression of
Dating back to the 1700's in the United States we have had several economic recessions and one Great Depression. Starting with the Great Depression of 1929-1933 analyze the economic recessions that have taken place in the United States. In a report of 1000 to 1200 words, define a recession, depression, and expansion. In addition, include in your analysis how many recessions and expansions have taken place in the United States since 1929 (include the Great Depression). Make sure to answer the following questions: What was the length of each recession? What were the specific characteristics of each recession? Why did the recession happen? What was the length of each expansion? What happened to cause the expansion? Rate each recession as either mild, moderate, or severe For this assignment, dig a little deeper and identify any changes in the GDP, employment, or other indexes for each recession. Make sure to include several references in your analysis. You may include a chart or table if you desire.
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