There are two things you should take care of before opening a Roth IRA: 1  Tuck away at least $1,000 in a savings account for emergencies. 2  Pay off your credit card debt. At the very least, make a significant dent in your debt and have a plan for its elimination.
David O. Whitten, Auburn University. The Depression of 1893 was one of the worst in American history with the unemployment rate exceeding ten percent for half a decade.
The Great Depression caused many people to lose their sources of income and become impoverished. Birth rates dropped because people could not afford to care for children, and divorce rates dropped... The Great Depression caused many people to lose their sources of income and become impoverished.