Statements (28)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:Economic_event
|
| gptkbp:affects |
gptkb:occupation
Government budgets Consumer confidence Global financial markets |
| gptkbp:cause |
Financial crises
Pandemics Commodity price shocks Geopolitical conflicts |
| gptkbp:characterizedBy |
Decline in GDP across multiple countries
Falling investment Reduced international trade Rising unemployment rates worldwide |
| gptkbp:defines |
A period of global economic slowdown or contraction
|
| gptkbp:notableExample |
gptkb:Great_Depression
gptkb:COVID-19_recession gptkb:Great_Recession_(2007–2009) |
| gptkbp:relatedTo |
gptkb:Recession
gptkb:Depression_(economics) Economic crisis |
| gptkbp:responseIncludes |
International cooperation
Fiscal stimulus Monetary stimulus |
| gptkbp:studiedBy |
Economists
Policy makers |
| gptkbp:bfsParent |
gptkb:2020_stock_market_crash
|
| gptkbp:bfsLayer |
7
|
| https://www.w3.org/2000/01/rdf-schema#label |
Global recession
|