This thoery says that history has an impact on the personas developed by futher generations.
<u>Explanation:</u>
According to the theory given by Stauss and Howe, historical events have an effect and impact on the recurring generational personas from one generation to the other.
Each persona of a new generation unleashes and develops a new era which might go on for the next 20 to 25 years. In this new era, new political. economical climate will exist in the society.
In 1770, Crispus Attucks<span>, a black man, became the first casualty of the American Revolution when he was shot and killed in what became known as the Boston Massacre. He later became a symbol of the Abolitionist movement.</span>
"<span>The Fourteenth Amendment (Amendment XIV) to the United States Constitution was adopted on July 9, 1868, as one of the Reconstruction Amendments. The amendment
addresses citizenship rights and equal protection of the laws, and was
proposed in response to issues related to former slaves following the
American Civil War."
-Google
</span>
The man is probably homeless. The Great Deoression was not caused by reckless spending, it was actually the opposite. Americans were so fearful of losing money, they stopped trusting banks. Banks closed due to bankruptcy and money in circulation decreased. Americans did not want to spend money so employees were cut when companies overproduced. Many could not mortgages and became homeless - because they saved their money instead of spending it
