People still go to the movies today to get away from their normal day to day life.The biggest hit song in 1932 was “Brother can you spare a dime” (The Great Depression).The term “skid row” came about from the great depression.The play “Little Shop of Horrors” is set in the Great Depression and portrays how desperate people really were in that decade.The Great Depression had a big effect on America’s history.It not just taught the banks tonot invest in stock, but also how to bring America out of the biggest drop in the stock market in history.It taught the government how to create jobs if the unemployment rate gets that high again.America needs to be prepared for anything that can happen with the stock market.The government needs to be here to help the people of this country to not make it worse and they need to be prepared for the next big drop in the stock market.Could a depression happen again? Not on the same scale or in the same way.The banks around the world, including the U.S Federal Reserve, have learned from their mistakes.With the New Deal programs in effect it will not be able to happen.Without the New Deal programs, thenmaybe we would be able to fall into another great depression.If history repeats itself then we might want to get ready for another one.Just because the next recession won’t be as bad as the one in 1929 does not mean that people do not need to be cautious. People need to be careful withtheir money, so that they do not lose it all.6
Works CitiedAbout the Great Depression. (n.d.). Retrieved March 04, 2017, from Bos, C. (n.d.). Graph: Unemployment in the Great Depression. Retrieved March 05, 2017, from Expert, M. K. (2016, August 08). 10 Significant New Deal Programs. Retrieved March 04, 2017,from History.com Staff. (2009). The Great Depression. Retrieved March 04, 2017, from Similarity in Stock Market Charts for 1929, 2008, 2016 May Show This is the Epocalypse. (n.d.). Retrieved March 04, 2017, from -charts-1929-2008-2016/The Great Depression Facts, Timeline, Causes, Pictures. (n.d.). Retrieved March 04, 2017, from The Great Depression. (n.d.). Retrieved March 04, 2017, from 7
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