Tag Archives: unemployment

This image is from Time.com, and it belongs to the Bettmann-Corbis archive. The picture was taken during the Great Depression that began on October 29, 1929, which is also known as Black Tuesday. 

The first time I saw this picture was during a recent visit to the MoMA. At first, the image makes me smile because it shows a humorous aspect in a tragic time. During the Great depression approximately 25% of population was unemployed and affected every segment of society. The picture is important to me because it reminds me that history is repeating itself. Like in the Great depression, the world is now experiencing a huge economic downturn due to the failure of the traditional financial system.

 http://www.time.com/time/photogallery/0,29307,1677033_1474476,00.html