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12 things we can learn from the Great Depression

Cheapism Logo By Saundra Latham of Cheapism | Slide 1 of 13: No one really knows where the coronavirus pandemic will leave the nation's economy, but with the unemployment rate now the highest it's been since the Great Depression, parallels with that turbulent time are difficult to avoid. And while there are plenty of modern-day ways to prepare for lean times, a surprising number of lessons from the hardships of the 1930s endure. Here are a dozen to guide us. (Here are some Things You Really Don't Need to Buy During a Recession.)

Hard Times, Hard Lessons

No one really knows where the coronavirus pandemic will leave the nation's economy, but with the unemployment rate now the highest it's been since the Great Depression, parallels with that turbulent time are difficult to avoid. And while there are plenty of modern-day ways to prepare for lean times, a surprising number of lessons from the hardships of the 1930s endure. Click through the gallery above for a dozen to guide us.

Related: Things You Really Don't Need to Buy During a Recession

© stacey_newman/istockphoto

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