So, the other night I was taking history notes on the Great Depression, and having a wonderful time, I might add. In the notes, I noted (pun intended) that historians and economists seem to agree that one of the common factors that led to the depression was the availability of easy credit. Seeing as easy credit seems to be a big factor in our own economic disaster with all the foreclosures and credit card problems, I began thinking…What would be the first things we would have to give up if our economy collapsed? How far away are we?
Obviously, things would change. For example, since shopping would be curtailed, stores in the mall would close. Those people would lose their jobs, some would lose their homes, like the people that are currently in foreclosure. We understand that from history. But I guess the bigger question is…what would happen to our generation, where cell phones and internet are a way of life? During the Great Depression, people were just being introduced to technology, so staying home and listening to the radio, or playing board games wasn’t that big of a deal. But we were born into a technological world. Most of us have access to a car, or if we don’t our parents drop us off. We were raised to be involved. We have cell phones, video games, internet, and cable.
If we had to give up these things in order to put food on the table…what would happen? What things would be the first to go in your household? Would we be able to just return to a time where families played Monopoly on the weekends?