Economic Crash: Can the Economy be Restored?

Essay by rock.urwrldHigh School, 10th gradeB, November 2009

download word file, 7 pages 1.0

Introduction- Lately on television, the radio, and many other sources of media we've heard a lot about the economy and how it might be a depression. This is happening not only locally in Greeley, but also on a national scale. How is Greeley's economy regression, and how can we fix this regression from repeating the mistakes we made during the era known as the Great Depression?I.What is the present state of our economy?A. So where is our economy standing right now?B.How did we get into this situation?C. What are we doing?II.How does our economy relate to that of the era known as the Great Depression?A.What was the Great Depression like?B.. How did this era begin?C.. So are we in a "depression" today?III.What can we dot to fix this economic crisis?A.What are things we can do to ease this economic pain?B.Will things get better?C.Are we at risk of a "depression?Conclusion -Today we're doing the "impossible" to keep history from repeating itself, and in Greeley we feel the pressure.

The "impossible" is in other words the effects we are feeling because of those big bailouts that are coming out of the Federal Reserves, which are what taxpayers pay for. Currently we are nowhere near the Great Depression, but if we make the wrong moves our economy will crash and we'll see many foreclosures, prices will soar, massive inflation; we will be looking at the soup line days of the Great Depression.

Last Name 1NameTeacherClassDateEconomic crash: Can the economy be restored?Lately on television, the radio, and many other sources of media we've heard a lot about the economy and how it might be a depression. This is happening not only locally in Greeley, but also on a national scale. How is Greeley's economy regressing, and how can we fix this regression and keep...