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GREAT DEPRESSION
Some people were lucky enough to have kept their jobs but their wages fell almost 43% between 1929 and 1933. It was the worst economic disaster in America. Farm prices fell so many farmers lost their homes and land. -
Period: to
World War II
This time was a expansion -
Period: to
Vietnam war
This was a time of expansion, the war started because Vietnam's government was fighting to keep the communist government -
The "Goldilocks" economy
A long expanions where Inflation was low and unemployment was low. -
Gulf war
An expansion with a war caused by Iraq invading Kuwait. but a recceion in oil sales. -
U.S Recession
Entered this recession in the third quarter of 2001 but the real GPD shows it happened in the summer of 2000 -
U.S recover6y
the U.S. shows signs of moving from recession to recovery after giving up on our economy -
Government Shutdown
This time was a recession, the U.S lost 2 billion dollars in productivity.
