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Recession In America

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Recession In America
• The data display’s a number of different years that the country was in a time known as a recession, here the country was in a state of negative economic growth. The period from 1930 to 1933 was known as the Great Depression, this was the worst time in America’s history that the economy preformed so poorly. Demand for goods was very low and people attempted to save money to weather the poor economy but this created stagnation which prolonged the depression. The Great Depression ended through the government’s increased involvement in the economy, in the short run. The economic downturn that America experienced in 1946 was due to a decrease in productivity because World War 2 was coming to a close. According to the article Stimulus by Spending

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