Great Recession (2007–2009)

GPTKB entity

Predicate	Object
gptkbp:instanceOf	economic crisis
gptkbp:affectedArea	gptkb:Europe gptkb:United_States worldwide
gptkbp:category	financial crises 21st-century economic history recessions in the United States
gptkbp:cause	subprime mortgage crisis housing bubble burst global financial crisis
gptkbp:endDate	2009
gptkbp:followedBy	gptkb:COVID-19_recession
gptkbp:GDP	significant
https://www.w3.org/2000/01/rdf-schema#label	Great Recession (2007–2009)
gptkbp:impact	bank failures high unemployment foreclosures increase in poverty government debt increase decline in consumer wealth global trade decline
gptkbp:mediaCoverage	extensive
gptkbp:notableCase	gptkb:Dodd-Frank_Act gptkb:American_Recovery_and_Reinvestment_Act gptkb:Troubled_Asset_Relief_Program_(TARP)
gptkbp:notableCompany	gptkb:General_Motors gptkb:Lehman_Brothers gptkb:AIG gptkb:Chrysler gptkb:Bear_Stearns
gptkbp:notableEvent	gptkb:stock_market_index bank bailouts collapse of Lehman Brothers
gptkbp:notablePerson	gptkb:Barack_Obama gptkb:Ben_Bernanke gptkb:George_W._Bush gptkb:Henry_Paulson gptkb:Timothy_Geithner
gptkbp:precededBy	Early 2000s recession
gptkbp:relatedTo	gptkb:2008_financial_crisis gptkb:European_debt_crisis housing market crash
gptkbp:response	bank bailouts quantitative easing economic stimulus packages
gptkbp:startDate	2007
gptkbp:unemploymentRate	significant
gptkbp:bfsParent	gptkb:Global_recession
gptkbp:bfsLayer	6