This section contains 260 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 the nation enters World War II in 1941.
1990s: Unemployment stands around 6%, but corporate downsizing has many workers concerned about their future. The government must reduce a multi-billion 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.
1990s: Though many upper- and middle-class blacks live and work in the suburbs, poor blacks are often confined to substandard housing in decaying urban areas, or ghettos...
This section contains 260 words (approx. 1 page at 400 words per page) |