Panic of 1873
E5416
The Panic of 1873 was a severe global financial crisis that triggered a prolonged economic depression in the United States and Europe, marking a major turning point in the early Gilded Age.
All labels observed (4)
| Label | Occurrences |
|---|---|
| Panic of 1873 canonical | 7 |
| Long Depression | 4 |
| Crisis of 1873 | 1 |
| Panic of ’73 | 1 |
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
banking crisis
ⓘ
economic panic ⓘ financial crisis ⓘ historical event ⓘ stock market crash ⓘ |
| alsoKnownAs |
Panic of 1873
ⓘ
surface form:
Crisis of 1873
Panic of 1873 ⓘ
surface form:
Panic of ’73
|
| appliesToJurisdiction |
European economy
ⓘ
United States economy ⓘ |
| country |
Austrian Habsburg Monarchy
ⓘ
surface form:
Austria-Hungary
France ⓘ Prussia ⓘ
surface form:
Germany
United Kingdom ⓘ United States of America ⓘ
surface form:
United States
|
| describedAs | turning point in the early Gilded Age ⓘ |
| followedBy |
Panic of 1873
self-linksurface differs
ⓘ
surface form:
Long Depression
|
| hasCause |
Franco-Prussian War economic disruptions
ⓘ
collapse of Jay Cooke & Company ⓘ demonetization of silver in the United States ⓘ monetary contraction ⓘ overinvestment in railroads ⓘ post–Civil War speculative bubble ⓘ |
| hasEffect |
Democratic Party gains in the 1874 U.S. elections
ⓘ
Panic of 1873 self-linksurface differs ⓘ
surface form:
Long Depression
bank failures ⓘ business failures ⓘ decline in railroad construction ⓘ expansion of government regulation debates ⓘ falling prices ⓘ growth of anti-monopoly sentiment ⓘ increased support for bimetallism ⓘ labor unrest ⓘ mass unemployment ⓘ political realignment in the United States ⓘ prolonged economic depression in Europe ⓘ prolonged economic depression in the United States ⓘ rise of Greenback movement in the United States ⓘ wage cuts ⓘ weakening of Reconstruction policies ⓘ |
| location |
New York City
ⓘ
Vienna ⓘ |
| mainSubject |
banking instability
ⓘ
monetary policy in the 19th century United States ⓘ railroad speculation ⓘ |
| partOf |
Panic of 1873
self-linksurface differs
ⓘ
surface form:
Long Depression
|
| pointInTime | 1873 ⓘ |
| precededBy | American Civil War economic boom ⓘ |
| significantEventFor | Gilded Age ⓘ |
| startTime |
1873-09-18
ⓘ
September 18, 1873 ⓘ |
Referenced by (13)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Long Depression
this entity surface form:
Long Depression
this entity surface form:
Long Depression
this entity surface form:
Panic of ’73
this entity surface form:
Crisis of 1873
this entity surface form:
Long Depression