Submit Infographics

Home  »  Interesting Graphs • Static   »   Depression vs. Recession

Depression vs. Recession

Depression vs Recession

Is there a similarity between yesteryears' Great Depression with today's Great Recession?

Here is a comparative account of the two. The former was a result of too many irresponsible borrowers whereas the latter resulted from irresponsible lenders.

The unemployment rates during the depression were as high as 25% where as it is 7.5% for recession. Today, a total of 57 banks have failed whereas then about 9096 banks defaulted.

The decline in growth was as much as 25% during depression. Recession shows a 3.6% decline in economic growth. The response of USA to the depression was to raise taxes whereas now it is fiscal relief through federal stimulus packages.

 

 

Categories : Interesting Graphs | Published by : graphs | Date : Aug 2, 2012
Tags: depression and recession 2011, depression and recession defined, depression and recession difference, depression and recession wiki, great depression 1929, great depression causes, great depression usa, great recession causes, recession 2008

Credits

Source : http://www.paydayloan.com/
Add missing credits


Related Posts

Unique Logo Design Ideas and Tips (InfoGraphic)
20 Awesome Infographics On Retail




Copyright 2023 Graphs.net
i i i
  • Contact
  • Terms of Use
  • Privacy Policy
Scroll Up