The Great Depression of 1929 devastated the U.S. economy. A third of all banks failed. 1 Unemployment rose to 25%, and homelessness increased. 2 Housing prices plummeted 67%, international trade collapsed by 65%, and deflation soared above 10%.
At about 2000 b.c. the Greeks established city state and each city state had its own government and most Greeks built there farm lands on the fertile land on the edge of the rocky coast