Long Depression

GPTKB entity

Statements (30)
Predicate Object
gptkbp:instance_of gptkb:historical_event
gptkbp:bfsLayer 4
gptkbp:bfsParent gptkb:The_Panic_of_1837
gptkb:Panic_of_1893
gptkb:Crisis_of_1896
gptkb:Panic_of_1837
gptkb:Panic_of_1873
gptkb:Crisis_of_1893
gptkbp:caused_by over-speculation in railroads
gptkbp:debut_year 1873
gptkbp:economic_impact reduced consumer spending
increased poverty levels
decline in international trade
gptkbp:followed_by 1890s economic expansion
gptkbp:historical_significance influenced the rise of labor movements
led to changes in economic policy
shaped modern economic theories
https://www.w3.org/2000/01/rdf-schema#label Long Depression
gptkbp:involved_countries gptkb:Europe
gptkb:United_States
gptkbp:is_characterized_by high unemployment rates
deflation
widespread bank failures
gptkbp:notable_event political unrest
labor strikes
closure of many businesses
gptkbp:preceded_by gptkb:Panic_of_1873
gptkbp:production_years gptkb:1896
gptkbp:related_concept gptkb:Great_Depression
business cycle