How can we compare contrast the panic of 1873 from pres. grant's term to the crash of 2008 in bushes term???
Read about both and see if you can see anything the two events had in common:
http://www.u-s-history.com/pages/h213.html
http://www.thebalance.com/the-great-recession-of-2008-explanation-with-dates-4056832
For more information, google both the "panic of 1873" and "the recession of 2008" and you will find more articles.
You may also want to look at the panic of 1893, the panic of 1907, and the Great Depression of 1929-30 to find similarities among all of them, largely due to unregulated speculation and "booms" that went "bust".
To compare and contrast the Panic of 1873 during President Grant's term with the 2008 financial crisis that occurred during President Bush's term, you can use the following steps:
1. Research the Panic of 1873: Start by understanding the causes, impacts, and key events of the Panic of 1873. Look for reliable sources such as history books, academic journals, or reputable websites like the Library of Congress or the National Bureau of Economic Research.
2. Identify relevant aspects of President Grant's term: Explore how President Grant's economic policies or decisions may have contributed to or influenced the Panic of 1873. Look for any bailouts, financial regulations, or legislative actions during his presidency that may have impacted the economy.
3. Research the 2008 financial crisis: Understand the causes, impacts, and key events of the 2008 financial crisis. Look into factors such as the housing market collapse, subprime mortgage crisis, banking sector issues, and the response of the government and regulatory bodies.
4. Identify relevant aspects of President Bush's term: Investigate President Bush's economic policies, regulatory frameworks, or legislative actions that may have played a role in the 2008 financial crisis. Look for any similarities or differences compared to President Grant's actions during the Panic of 1873.
5. Compare and contrast the two crises: Analyze the similarities and differences between the Panic of 1873 and the 2008 financial crisis. Consider factors such as the causes, impacts on different sectors of the economy (e.g., housing, banking, unemployment), government intervention or response, and overall economic implications.
6. Note any lessons learned or historical perspectives: Conclude by discussing any lessons learned from the Panic of 1873 and the 2008 financial crisis, and how they shaped economic policies and regulations in subsequent years. Examine whether any systemic changes were made to prevent similar crises in the future.
By following these steps and conducting thorough research, you will be able to compare and contrast these two significant economic events in history while understanding the specific actions and contexts related to President Grant's term and President Bush's term.