tates of The United States of America. Even this great nation had it ups and downs and one of those down came right after World War I. That time in the American history was labeled the Great Depression. The Great Depression was a very educational moment for the United States but it was not only a lesson for the United Sates it was a lesson for the world. I believe that the Great Depression showed them what life is like when the economy is booming, when the economy is in a slump, and how might get out of a tight fix and solve a nations economical problems.
             From the beginning of a civilization one thing that defined the successful of that civilization was how it interacted with other surrounding civilizations around it. The success of the civilizations was due to the interaction with the two civilization when it came to trade and business. The ability to engage in the exchange, purchase, or sale of goods. With out the ability to trade and spread of cultural diffusion the world as we know it would not be as advanced as it is today. So when a nation is in a time of recession it is hard to make forward progress because of a nation's sate of finical problems. A country can suffers a drop in buying, selling, and production of goods that once was the success of that nation. Recessions are part of the business cycle of the world it is almost imposable to stop a country or a business from encountering a recession once or twice in there economic history. The reason for this is because a recession is a recurring rise and fall in economic activity. Many economists consider a nation's economy to be in a recession if the output of goods and services falls for six consecutive months. A recession lasts an average of about a year. The effect of a recession does not just stop there. This kind of event is a cause and effect kind of event and it will be felt by every one in the nation that is a recession and by the nation that does business with tha...