Mother of seven children living in a tent (National Archives and Records Administration)
Around the 1930’s an agonizing economic decline happened worldwide, The Great Depression, had substantial effect on people, forcing them to take a stand against the hardships and reality of what the world once was. An event so dreadful and prolonged caused the U.S. into an enormous panic. The Great Depression is an event to look back on and revitalize on how far The Federal Reserve has come.