Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
economic crisis
|
| gptkbp:cause |
oil price shocks
tight monetary policy high interest rates |
| gptkbp:consequence |
business bankruptcies
high unemployment decline in manufacturing |
| gptkbp:endDate |
1982
|
| gptkbp:followedBy |
early 1990s recession
|
| gptkbp:governmentResponse |
gptkb:Reaganomics
Federal Reserve interest rate hikes |
| https://www.w3.org/2000/01/rdf-schema#label |
1980s recession
|
| gptkbp:location |
gptkb:Canada
gptkb:United_Kingdom gptkb:United_States |
| gptkbp:precededBy |
gptkb:1973–1975_recession
|
| gptkbp:relatedEvent |
gptkb:Volcker_Shock
stagflation |
| gptkbp:startDate |
1980
|
| gptkbp:unemploymentRate |
10.8%
|
| gptkbp:unemploymentRatePeakDate |
November 1982
|
| gptkbp:bfsParent |
gptkb:1982_economic_crisis
|
| gptkbp:bfsLayer |
7
|