Global economic crisis
Encyclopedia
Global economic crisis may refer to:
- Economic events of the late 2000s:
- Financial crisis (2007–present)
- Late-2000s recession
- A global recessionGlobal recessionA global recession is a period of global economic slowdown. The International Monetary Fund takes many factors into account when defining a global recession, but it states that global economic growth of 3 percent or less is "equivalent to a global recession".By this measure, four periods since...
- Earlier global economic events, such as:
- The Great DepressionGreat DepressionThe Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s...
, a global economic downturn from the late 1920s until World War IIWorld War IIWorld War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis... - The Long DepressionLong DepressionThe Long Depression was a worldwide economic crisis, felt most heavily in Europe and the United States, which had been experiencing strong economic growth fueled by the Second Industrial Revolution in the decade following the American Civil War. At the time, the episode was labeled the Great...
, an international depression that began in 1873
- The Great Depression