Economic depression of the 1890s

GPTKB entity

Predicate	Object
gptkbp:instanceOf	economic crisis
gptkbp:alsoKnownAs	gptkb:Panic_of_1893
gptkbp:bankFailures	over 500 banks failed
gptkbp:businessFailures	over 15,000 businesses failed
gptkbp:cause	gptkb:Panic_of_1893 bank failures collapse of railroad overbuilding run on gold reserves
gptkbp:currency	debate over gold standard vs. silver standard
gptkbp:effect	business bankruptcies high unemployment labor strikes widespread poverty
gptkbp:endDate	1897
gptkbp:followedBy	gptkb:Panic_of_1907
gptkbp:historicalSignificance	influenced 1896 presidential election led to rise of Populist Party shifted political alignments in the US
https://www.w3.org/2000/01/rdf-schema#label	Economic depression of the 1890s
gptkbp:impact	gptkb:trade_unionist farmers industrial workers urban poor
gptkbp:legislature	Repeal of Sherman Silver Purchase Act increase in tariffs
gptkbp:location	gptkb:United_States
gptkbp:notableEvent	gptkb:Coxey's_Army gptkb:Pullman_Strike
gptkbp:precededBy	gptkb:Panic_of_1873
gptkbp:presidentDuringTerm	gptkb:Grover_Cleveland gptkb:William_McKinley
gptkbp:railroadBankruptcies	over 4,000 miles of railroad went bankrupt
gptkbp:relatedTo	gptkb:Gilded_Age gptkb:Progressive_Era
gptkbp:startDate	1893
gptkbp:unemploymentRate	up to 18% in 1894
gptkbp:bfsParent	gptkb:pre-Federation_Australia
gptkbp:bfsLayer	7