Part I: The Local Impact of the Global Economic Crisis

Part I – The Local Economy

Develop a brief summary of the changes in your home town economy. Provide examples of these changes through a variety of different mediums. You may create a video, write an essay or journal, create a multimedia presentation, or a combination of each which includes the following:

1. An interview with a local citizen about how the crisis has impacted their life
2. A summary of businesses that have closed in the area over the last three years, including how many of these were locally owned versus corporate owned
3. A summary of the number of jobs and homes lost in the area over the last three years
4. Other examples of economic decline (i.e. housing projects or other construction left unfinished, closed banks and other loan companies)
5. Examples of initiatives and programs in the local economy to help facilitate economic development