Question 2 is based on the following chart.Changes in the American Economy, 2008 to 2013Category2008/20092013/2014Stock prices (Dow Jones 9,035Industrial Average)16,441(January 2, 2009)(January 2,2014)Unemployment rate7.8%6.6%(January 2009)(January 2014)People receiving SNAP(food stamps)32 million47 million(January 2009)(November 2013)Corporate profits after$4.3 trillion(2008)$7.3 trilliontaxes|(estimate for 2013)Source: Congressional Budget Office and other sources2. Using the chart, answer a, b, and c.a) Briefly explain the significance of ONE of the statistics measuring theAmerican economy used in the above chart.b) Briefly explain ONE piece of evidence to support or challenge the viewthat "Wall Street recovered faster than Main Street."c) Briefly explain ONE specific way the Great Recession of 2007 waseither similar to or different from the Great Depression of 1929.

The GD {great depression} is described as the situation of the downturn of the economy which has…

2. Using the chart, answer a, b, and c. a) Briefly explain the significance of ONE of the statistics measuring the American economy used in the above chart. b) Briefly explain ONE piece of evidence to support or challenge the view that "Wall Street recovered faster than Main Street." c) Briefly explain ONE specific way the Great Recession of 2007 was either similar to or different from the Great Depression of 1929.