today was a blog discussion day. we talked a lot about what happened during the great depression. employment to income to consumption to production. that was the cycle that kept repeating where people kept losing jobs and couldnt spend as much money back in the economy. The stimulus packages and tax breaks that president obama and president bush tried to do to get the economy going again.Some of the causes of the great depression were less consumption of products, buying on credit, the federal reserve system raised interest rates, uneven distribution of wealth, companies were not making money, overspeculation during the 1920's
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