Banking panics of the 1930s

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf economic crisis
gptkbp:affects thousands of banks
gptkbp:beganIn 1930
gptkbp:causedBy gptkb:stock_market_crash_of_1929
bank runs
loss of confidence in banks
gptkbp:endDate 1933
https://www.w3.org/2000/01/rdf-schema#label Banking panics of the 1930s
gptkbp:ledTo banking reforms
creation of the Federal Deposit Insurance Corporation
gptkbp:notableEvent gptkb:Glass-Steagall_Act
gptkb:Emergency_Banking_Act
Bank Holiday of 1933
gptkbp:occurredIn gptkb:Great_Depression
gptkb:United_States
gptkbp:resultedIn bank failures
contraction of money supply
massive withdrawals of deposits
worsening of the Great Depression
gptkbp:studiedBy gptkb:Milton_Friedman
gptkb:Anna_Schwartz
gptkbp:bfsParent gptkb:Crash_of_1929
gptkbp:bfsLayer 7