Great Depression
E137
The Great Depression was a severe worldwide economic downturn during the 1930s that led to massive unemployment, bank failures, and profound social and political change.
All labels observed (17)
Statements (97)
| Predicate | Object |
|---|---|
| instanceOf |
economic depression
ⓘ
financial crisis ⓘ historical event ⓘ |
| alsoKnownAs |
Great Depression
ⓘ
surface form:
Great Slump
|
| cause |
1929 Wall Street Crash
ⓘ
banking crises ⓘ collapse of international trade ⓘ deflationary monetary policy ⓘ gold standard constraints ⓘ overproduction in industry and agriculture ⓘ stock market speculation bubble ⓘ unequal income distribution ⓘ |
| effect |
bank failures
ⓘ
business bankruptcies ⓘ changes in macroeconomic theory ⓘ collapse of world trade ⓘ decline in birth rates ⓘ decline in international investment ⓘ deflation ⓘ expansion of welfare state policies ⓘ falling industrial output ⓘ farm foreclosures ⓘ growth of Keynesian economics ⓘ homelessness ⓘ mass unemployment ⓘ political instability ⓘ rise of extremist political movements ⓘ social unrest ⓘ strengthening of government economic regulation ⓘ widespread poverty ⓘ |
| fieldOfStudy |
economic history
ⓘ
macroeconomics ⓘ political history ⓘ |
| followedBy | World War II economic mobilization ⓘ |
| hasConsequence |
changes in labor laws
ⓘ
creation of deposit insurance in several countries ⓘ development of macroeconomic stabilization policies ⓘ expansion of central bank roles ⓘ growth of social safety nets ⓘ increased government intervention in economy ⓘ influence on creation of International Monetary Fund ⓘ influence on creation of World Bank ⓘ influence on economic policy during later recessions ⓘ influence on postwar Bretton Woods system ⓘ reform of banking systems ⓘ rise of welfare capitalism ⓘ shift in political alignments in United States ⓘ strengthening of labor unions ⓘ |
| hasEndTime |
early 1940s
ⓘ
late 1930s ⓘ |
| hasKeyEvent |
Glass–Steagall Act
ⓘ
surface form:
Banking Act of 1933
Dust Bowl ⓘ New Deal ⓘ
surface form:
First New Deal
Glass–Steagall Act ⓘ London Economic Conference ⓘ New Deal ⓘ Ottawa Agreements ⓘ Reconstruction Finance Corporation creation ⓘ New Deal ⓘ
surface form:
Second New Deal
Smoot–Hawley Tariff Act ⓘ Social Security Act of 1935 ⓘ U.S. Securities Act of 1933 ⓘ U.S. Securities Exchange Act of 1934 ⓘ National Labor Relations Act ⓘ
surface form:
Wagner Act
abandonment of gold standard by United Kingdom ⓘ abandonment of gold standard by United States ⓘ bank holiday of 1933 ⓘ creation of Securities and Exchange Commission ⓘ currency devaluations ⓘ establishment of Federal Deposit Insurance Corporation ⓘ formation of Popular Front governments in Europe ⓘ rise of Nazi Party in Germany ⓘ rise of protectionist trade policies ⓘ |
| hasKeyFigure |
Adolf Hitler
ⓘ
Benito Mussolini ⓘ President Franklin D. Roosevelt ⓘ
surface form:
Franklin D. Roosevelt
Herbert Hoover ⓘ John Maynard Keynes ⓘ Winston Churchill ⓘ |
| hasLocation |
Australia
ⓘ
Canada ⓘ France ⓘ Germany ⓘ Latin America ⓘ United Kingdom ⓘ worldwide ⓘ |
| hasMainLocation |
United States of America
ⓘ
surface form:
United States
|
| hasNotableAspect |
Hoovervilles shantytowns in United States
ⓘ
breadlines and soup kitchens ⓘ collapse of commodity prices ⓘ cultural depictions in literature and film ⓘ migration from rural to urban areas ⓘ sharp decline in GDP ⓘ unemployment rates above 20 percent in many countries ⓘ |
| hasStartTime | 1929 ⓘ |
| precededBy | Roaring Twenties ⓘ |
| timePeriod | 1930s ⓘ |
Referenced by (459)
Full triples — surface form annotated when it differs from this entity's canonical label.
subject surface form:
Franklin D. Roosevelt
this entity surface form:
Great Slump
Herbert Hoover Presidential Library and Museum, West Branch, Iowa, United States
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topic
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Great Depression
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subject surface form:
Herbert Hoover Presidential Library and Museum
this entity surface form:
Great Depression era in the United States
subject surface form:
Hundred Days (FDR)
this entity surface form:
Great Depression in the United States
subject surface form:
Civilian Conservation Corps
subject surface form:
Public Works Administration
this entity surface form:
Great Depression in the United States