B university of Washington
Well.... to start with the "Recession<span>" Tops The </span>Great Depression<span>. When the stock market crashed in October 1929, it was only the beginning of a long period of economic decline and uncertainty that would last more than a decade. ... In 2011 those few years often where described as the worst economic crisis since the </span>Great Depression. But how do the two differ in a quick answer.<span> The </span>difference<span> between the two is that the unemployment rate in "The Great R</span>ecession"<span> was less severe than in "The Great D</span><span>epression"</span>
Modern U.S. presidents are fully aware of the importance of the economy. More than ever, the pulse of the nation’s economy is of the utmost importance for the White House.
In a global scenario, the role of economics through trade has been increasingly important. The president of the U.S. dedicates a considerable part of his time to oversee the Department of Commerce, the Department of Treasure and is very aware of the declarations of Federal Reserve and the bankers, to avoid a crisis like the one that happened in 2008