Comparing the Great Depression to the Great RecessionThe Great Depression and the Great Recession of the early 21st century have many things in common. The Great Depression and the Great Recession both had good economic times before collapsing. Before the Great Depression (1921-1929), annual real economic growth was 4.4 percent. Although less, annual real economic growth before the Great Recession was 3.2 percent. Before both eras, banks turned to new business sectors. In the 1920s, banks increased their real estate lending and also expanded their investment banking activities. Before the Great Recession (1990s-2000s), banks increased their home lending and securitization of mortgage loans. In both cases, they were preceded by the consumer finance innovations of their era. Before the Great Depression (1920s), installment payments in consumer credit became more popular, including monthly payments. In the 2000s, before the recession, banks increased their home lending and securitization of mortgages. Before the Great Depression and Great Recession, it was asset bubbles in the real estate and technology stock market. During the 1920s, there was a sharp rise in the real estate and stock market in Florida. The 1990s and 2000s were a little different, as the tech stock market also took off and residential real estate increased. Before these two periods, the Federal Reserve was highly regarded. During the Great Depression and Great Recession, presidents at the time increased spending in an attempt to pull the country out of the impending recession. Both Obama and Roosevelt raised taxes during their presidency, but as the Great Depression showed, high taxes are in the middle of paper......://www.britannica.com/EBchecked/topic/ 9551 /Agricultural-Adjustment-Administration-AAA>."American President:." Miller Center. Miller Center, nd Web. March 16, 2014. “Economic analysis of the automobile allowance rebate system.” White House. White House, nd Web. March 16, 2014. “The Federal Housing Administration.” Hud.gov. hud.gov, nd Web. March 16, 2014. .Geewax, Marilyn. "Economy." NPR. NPR, July 11, 2012. Web. March 13, 2014. “Homeowners Loan Company.” » Next New Deal. Roosevelt Institute, 2014. Web. March 16. 2014. .