Tuesday, January 13, 2015

Connections to the Great Depression

         Today in class we put in a Google document what we recorded examples from our articles that fit in the appropriate category. The categories were lack of economic diversity, income inequality, credit structure of economy, and international trade and debt. We discussed why some of the examples from our articles were the same but they were in different categories. In my group we discussed the income inequalities and how they affected people. We also discussed solutions to what we could do to fix these causes of causes that happened in the great depression. I heard a person say that for maldistribution of money, the bank could collect all the money from everyone and then distribute them to everyone equally but then that wouldn't be fair to the wealthier people. I researched the maldistibution of money today because from 1979 and 200, there was a very big gap in between the wealthier and the poor. I saw that this wont really change ever because if your born into a low income family then your most likely to be a low income person in the future because people don't usually get rich in one day.

2 comments:

  1. I think that this is sometimes true, but if you try hard in school, you will get into some college. And in the end it doesn't really matter what college you go to because getting a job depends a lot on initiative and talking to people

    ReplyDelete
  2. I think that this is sometimes true, but if you try hard in school, you will get into some college. And in the end it doesn't really matter what college you go to because getting a job depends a lot on initiative and talking to people

    ReplyDelete