Great Recession

URI: https://gptkb.org/entity/Great_Recession

GPTKB entity

Statements (108)

Predicate	Object
gptkbp:instanceOf	gptkb:economic_crisis
gptkbp:affectedArea	gptkb:Europe gptkb:United_States worldwide
gptkbp:cause	gptkb:financial_crisis_of_2007–2008 subprime mortgage crisis housing bubble burst
gptkbp:endDate	2009
gptkbp:followedBy	gptkb:COVID-19_recession
gptkbp:GDPImpact	global contraction
gptkbp:notableCountry	gptkb:Argentina gptkb:Australia gptkb:Austria gptkb:Bangladesh gptkb:Belgium gptkb:Belize gptkb:Bolivia gptkb:Brazil gptkb:Bulgaria gptkb:Canada gptkb:Chile gptkb:China gptkb:Colombia gptkb:Costa_Rica gptkb:Croatia gptkb:Cuba gptkb:Czech_Republic gptkb:Denmark gptkb:Dominican_Republic gptkb:Ecuador gptkb:Egypt gptkb:El_Salvador gptkb:Estonia gptkb:Finland gptkb:Germany gptkb:Greece gptkb:Guatemala gptkb:Honduras gptkb:Hungary gptkb:Iceland gptkb:India gptkb:Indonesia gptkb:Ireland gptkb:Israel gptkb:Italy gptkb:Jamaica gptkb:Japan gptkb:Kenya gptkb:Latvia gptkb:Lithuania gptkb:Malaysia gptkb:Mexico gptkb:Morocco gptkb:Netherlands gptkb:New_Zealand gptkb:Nicaragua gptkb:Nigeria gptkb:Norway gptkb:Pakistan gptkb:Panama gptkb:Paraguay gptkb:Peru gptkb:Philippines gptkb:Poland gptkb:Portugal gptkb:Puerto_Rico gptkb:Romania gptkb:Russia gptkb:Saudi_Arabia gptkb:Serbia gptkb:Singapore gptkb:Slovakia gptkb:Slovenia gptkb:South_Africa gptkb:South_Korea gptkb:Spain gptkb:Sweden gptkb:Switzerland gptkb:Thailand gptkb:Trinidad_and_Tobago gptkb:Turkey gptkb:Ukraine gptkb:United_Arab_Emirates gptkb:United_Kingdom gptkb:United_States gptkb:Uruguay gptkb:Venezuela gptkb:Vietnam
gptkbp:notableEvent	gptkb:European_sovereign_debt_crisis bank bailouts collapse of Lehman Brothers foreclosure crisis
gptkbp:precededBy	gptkb:early_2000s_recession
gptkbp:response	quantitative easing fiscal stimulus packages interest rate cuts
gptkbp:startDate	2007
gptkbp:stockMarketImpact	major decline
gptkbp:unemploymentRate	significant
gptkbp:bfsParent	gptkb:End_This_Depression_Now! gptkb:Dot-com_bubble gptkb:2008_financial_crisis gptkb:2007–2008_financial_crisis gptkb:Generation_X gptkb:The_Great_Depression_1929–1941 gptkb:contemporary_United_States
gptkbp:bfsLayer	5
https://www.w3.org/2000/01/rdf-schema#label	Great Recession