Statements (28)
Predicate | Object |
---|---|
gptkbp:instanceOf |
Economic event
|
gptkbp:affects |
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
|
https://www.w3.org/2000/01/rdf-schema#label |
Global recession
|
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_global_stock_market_crash
|
gptkbp:bfsLayer |
5
|