A bug's life   watercolor bug and insects, summer

21st Century Timeline

  • Period: to

    Great Recession

    caused by the housing market crash risky loans
  • Period: to

    Collapse of Housing Market

    Government Bailouts (TARP)
  • Period: to

    American Recovery and Reinvestment Act

    stimulus
  • Period: to

    Unemployment remains high

    above 9%
  • Period: to

    Steady economic growth

    low unemployment
  • Period: to

    Covid

    COVID-19 pandemic causes economic shutdown; CARES Act (stimulus checks)
  • Period: to

    Unemployment during Covid

    Unemployment spikes to over 14% in April; major stock market drop in March