|
gptkbp:instanceOf
|
economic crisis
|
|
gptkbp:alsoKnownAs
|
gptkb:Recession_of_1937–1938
|
|
gptkbp:causedBy
|
reduction in government spending
tightening of monetary policy
|
|
gptkbp:country
|
gptkb:United_States
|
|
gptkbp:effect
|
decline in industrial production
rise in unemployment
stock market decline
|
|
gptkbp:endDate
|
June 1938
|
|
gptkbp:followedBy
|
renewed economic recovery
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Roosevelt Recession
|
|
gptkbp:location
|
gptkb:United_States
|
|
gptkbp:namedAfter
|
gptkb:Franklin_D._Roosevelt
|
|
gptkbp:notablePerson
|
gptkb:Franklin_D._Roosevelt
gptkb:Henry_Morgenthau_Jr.
gptkb:Marriner_S._Eccles
|
|
gptkbp:notablePlace
|
industrial production fell by nearly 30%
stock prices fell by 50%
unemployment rose from 14.3% to 19%
|
|
gptkbp:partOf
|
gptkb:Great_Depression
|
|
gptkbp:precededBy
|
recovery from Great Depression
|
|
gptkbp:relatedTo
|
gptkb:Federal_Reserve
gptkb:New_Deal
gptkb:Wagner_Act
Social Security payroll taxes
U.S. unemployment rate
|
|
gptkbp:startDate
|
May 1937
|
|
gptkbp:bfsParent
|
gptkb:Recession_of_1937–1938
|
|
gptkbp:bfsLayer
|
7
|