This section contains 231 words (approx. 1 page at 400 words per page) |
1940s: Workers during the Great Depression are faced with unemployment rates as high as 25% and relief comes through socialistic government programs. The U.S. also increases defense spending as officials realize the nation will become involved in World War II.
Today: Unemployment stands around 6%, but corporate downsizing has many workers concerned about their future. The government must reduce a multibillion dollar deficit, yet the stock market continues its strong performance.
1940s: Blacks are excluded from the suburban housing boom of the era. The Federal Housing Authority practices "redlining": on city maps it draws red lines around predominantly black inner-city areas and refuses to insure loans for houses in those areas. This practice contributes to the demise of the inner city.
Today: Though many upper- and middle-class blacks live and work in the suburbs, poor blacks are often confined to substandard housing in decaying urban...
This section contains 231 words (approx. 1 page at 400 words per page) |