U.S. economic depression 2013 is similar to what other economic depression period?
complicated question depends on what type of similarity the professor is hinting at for you to compare. off the head id say 1980 as the official unemployment rates are near identical.
Ok how bout the national debt?
But thank you. 1980 will work too.
Not even comparable. Really no period in history is measurable on the same scale as the past 20 years. 1910 Gross debt in $billions undeflated = 2.65 1920 Gross debt in $billions undeflated = 25.95 1930 Gross debt in $billions undeflated = 16.19 1940 Gross debt in $billions undeflated = 42.97 1950 Gross debt in $billions undeflated = 257.3 1970 Gross debt in $billions undeflated = 370.9 1980 Gross debt in $billions undeflated = 907.7 1990 Gross debt in $billions undeflated = 3,233 2000 Gross debt in $billions undeflated = 5,674 2005 Gross debt in $billions undeflated = 7,933 2010 Gross debt in $billions undeflated = 13,562
Thank you!!!!!!!!!!
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