I feel that The Great Depression and the economic recession we have now are very similar in pattern, BUT there aren't very obvious effects that can be seen in comparison, simply because this time around there are more safeguards to protect the American way of living. While I think hard economic times has a psychological effect on the population (no money? I should rob someone), it wasn't as bad as before, where mothers would sell their own children to give everyone involved a better life. Homelessness is also not as prevalent this time around, even if it is still an epidemic now. The biggest problem that is making this recession harder to get out of is that big business is taking over, getting rid of small businesses and monopolizing the prices. The prices go higher, yet you're still just barely scraping by. You have to pay that bill anyways because you're stuck in a contract with a large business. There will be no competitive pricing for consumers to run to.
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