Statements (22)
Predicate | Object |
---|---|
gptkbp:instanceOf |
economic crisis
|
gptkbp:affects |
New Deal policies
|
gptkbp:alsoKnownAs |
gptkb:Roosevelt_Recession
|
gptkbp:causedBy |
reduction in government spending
Social Security payroll taxes tightening of monetary policy |
gptkbp:country |
gptkb:United_States
|
gptkbp:endDate |
June 1938
|
gptkbp:followedBy |
World War II economic boom
|
gptkbp:GDP |
10%
|
https://www.w3.org/2000/01/rdf-schema#label |
Recession of 1937–1938
|
gptkbp:industrialProductionDecline |
32%
|
gptkbp:notableFor |
sharp economic downturn during recovery from Great Depression
|
gptkbp:precededBy |
gptkb:Great_Depression
|
gptkbp:presidentDuringTerm |
gptkb:Franklin_D._Roosevelt
|
gptkbp:response |
increased government spending
Federal Reserve monetary easing |
gptkbp:startDate |
May 1937
|
gptkbp:stockMarketDecline |
50%
|
gptkbp:unemploymentRate |
19% (1938)
|
gptkbp:bfsParent |
gptkb:Presidency_of_Franklin_D._Roosevelt
|
gptkbp:bfsLayer |
6
|