If we compare the two deepest recessions in historythe Great Depression and the recession of 2009they both had a huge impact on the economy, but both...

If we compare the two deepest recessions in history—the Great Depression and the recession of 2009—they both had a huge impact on the economy, but both of them were handled very differently by governments. The policies governing trade after the 2009 recession were more forward-looking with a clearer view of how trade works and what needed to be done to restart the economy.