Greatest Depression?

The Great Depression, as we all know, was a tragic incident that greatly affected all of America's, as well as the world's economy. It was a simple chain reaction from one man to another, going across the stock market and eventually resulting in a huge crash of the country's economy. This raises the question, however, could it happen again? The short answer is yes, it could. The very same events or similar ones could happen, resulting in a very plausible Greater Depression. A different series of events could transpire, with the same outcome. While both of these situations are very possible, it seems rather unlikely. We, as humans, and as a society, learn from our mistakes. New infrastructure is set in place to prevent another crash from happening. We know more about the economy and how it works. We know what caused the Great Depression and how it can be prevented, just like we know what resolved it. We know what worked and what didn't, and in the event that another crash like it happens, we are prepared and know what to do. We are currently in an economic recession, and not a small one either, but the likelihood of it eventually becoming one on the same scale as the Great Depression is very low. The reason the Great Depression reached the point that it did and had the effect that it did is because we as a nation did not see it coming, and had absolutely no idea how to handle it or what to do. Equipped with this knowledge, we have grown and are more prepared for similar situations in the future.