There have only been two major economic recessions throughout history. The Great Depression and the 2008 Recession both occurred due to poor financial policies and excessive spending. Both events left people with a sense of desperation and vulnerability. A comparison between the Great Depression era and the 2008 recession reveals similarities in economic, social, and political causes and effects. Life after the war took a toll on many Americans. The destruction of war has made many people lose faith in reason and progress. Some people have become existentialists, or people who believe there is no meaning in the world. Writers showed the horrors of life after the war, artists rebelled against traditional paintings, and composers began to create music with unusual rhythms and harsh sounds. While the American economy was growing rapidly, people were struggling. Workers couldn't buy enough goods, and when their purchases slowed, production in the factories slowed too. Farmers faced slow sales at low prices. These farmers were unable to repay the loans and most of the farmers lost their land. The war confused many Americans and changed their way of life, which led to the Great Depression. After the economic boom of the 1920s, Americans began purchasing a surplus of unnecessary items. Women began to change the way the end of the Cold War was marked by the fall of the Berlin Wall. Around this time, many other European communist nations also began to fall. People pointed out that there was no obvious winner of the Cold War. However, thousands of Americans lost their lives waging proxy wars in Korea and Vietnam. “People believed that the military spending policies of the Reagan-Bush years brought the Soviets to the brink of economic collapse.” However, the Americans hoped that they remained safe and marked with security and