The Great American Economic Crisis
GPTKB entity
Statements (61)
Predicate | Object |
---|---|
gptkbp:instanceOf |
economic crisis
|
gptkbp:causedBy |
loss of wealth
housing bubble |
gptkbp:completed |
2009
|
gptkbp:foundedIn |
2007
|
https://www.w3.org/2000/01/rdf-schema#label |
The Great American Economic Crisis
|
gptkbp:impact |
gptkb:United_States
global economy |
gptkbp:influenced |
financial regulations
|
gptkbp:involved |
changes in consumer behavior
social unrest bank failures political ramifications stock market crash government intervention stock market volatility impact on public services subprime mortgage crisis impact on housing policies impact on international relations credit crunch government bailouts unemployment rise loss of jobs monetary policy changes impact on immigration policies international trade decline impact on small businesses impact on state budgets impact on healthcare funding banking sector collapse foreclosures impact on education funding consumer confidence drop credit rating downgrades economic inequality increase impact on retirement savings liquidity crisis bankruptcy filings fiscal policy changes real estate market decline government debt increase financial institution failures impact on economic theories impact on infrastructure projects impact on local governments banking regulations changes impact on large corporations impact on charitable organizations financial derivatives issues housing market crash impact on the labor market increased regulation of financial institutions mortgage-backed securities collapse public sentiment shift federal_reserve_actions |
gptkbp:ledTo |
Great Recession
decreased consumer spending increased poverty |
gptkbp:resultedIn |
gptkb:Dodd-Frank_Act
|
gptkbp:triggerType |
economic stimulus packages
|