Wörgl experiment

GPTKB entity

Statements (65)
Predicate Object
gptkbp:instanceOf economic experiment
gptkbp:agent gptkb:Michael_Unterguggenberger
gptkbp:base Keynesian economics
gptkbp:cancellationReason government intervention
gptkbp:challenges faced significant hurdles
gptkbp:community_engagement high levels
gptkbp:community_impact community empowerment
gptkbp:community_involvement high
strong
gptkbp:criticism government opposition
gptkbp:cultural_significance community solidarity
gptkbp:currency gptkb:Wörgl_schilling
not applicable
local currency model
gptkbp:duration approximately 13 months
gptkbp:economicActivity local government initiative
gptkbp:economicImpact notable example
demonstrated
real-world example
gptkbp:economy neoclassical economics
temporary success
community-oriented economics
gptkbp:education case for local currencies
gptkbp:environmental_impact short-term benefits
gptkbp:evaluates mixed results
gptkbp:feedback enthusiastic support
gptkbp:financials local currency creation
gptkbp:goal combat unemployment
gptkbp:has_implications_for local economic systems
gptkbp:historical_analysis high
gptkbp:historical_significance example of alternative economics
gptkbp:historicalContext Great Depression
gptkbp:historicalPeriod importance of local economies
https://www.w3.org/2000/01/rdf-schema#label Wörgl experiment
gptkbp:impact economic theory
gptkbp:influence local economic policies
gptkbp:influenced social credit theory
gptkbp:inspiration subsequent local currency initiatives
gptkbp:investmentFocus local currency initiative
gptkbp:key_figure gptkb:Michael_Unterguggenberger
gptkbp:legacy influence on modern local currencies
gptkbp:local_economy stimulated
gptkbp:localGovernment active participation
gptkbp:location gptkb:Wörgl,_Austria
gptkbp:notable_feature circulation of local currency
gptkbp:notableFeature local economic resilience
reduced unemployment
gptkbp:outcome increased local trade
gptkbp:policy local currency effectiveness
local economic autonomy
gptkbp:public_perception generally positive
gptkbp:related_to complementary currency
community currencies
gptkbp:research_focus alternative economic systems
local economic experiments
gptkbp:result temporary economic improvement
gptkbp:revenue local currency system
alternative currency model
gptkbp:succeededBy varied
gptkbp:successor time banking
gptkbp:sustainability questionable long-term
gptkbp:technique local currency issuance
gptkbp:type social experiment
gptkbp:year 1932
gptkbp:youth_development fostered