The Great Depression and COVID-19

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The impact of COVID-19 is similar to that of the Great Depression

Overview

The Great Depression

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The Great Depression occurred in the late 1920’s and through the mid 1930's.
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News Breaks About the Stock Market Crash
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Hoovervilles arise due to increase in homeless citizens
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The New Deal was implemented in order to reignite economic/social prosperity
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COVID-19 Pandemic

COVID-19 Pandemic

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DOW Jones erases all gains during the Trump Administration
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COVID-19 Stimulus Bill Effects

Short Term Fix?

Reopening?

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All 50 states are under various different plans to reopen.

Million Dollar Question: Are we as a nation ready to return to normalcy rather quickly to prevent further displacement or do we go slowly in an effort to prevent a second wave which could cause double the displacement?

Written by

Student, Programmer, Producer, Editor, Leader. Always learning! Website: rayaansiddiqi.com

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