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Recessions and Depressions Recessions and Depressions

This category contains articles about all major US financial depressions and recessions going back to the Great Depression. It contains information about the causes, reaction and response, and after effects of each of these events in great detail. It also includes discussion of potential long running impacts of any interventions that were implemented in the wake of each recession or depression.

  • Recessions and Depressions

    The Energy Crisis #2 Recession (1981-1982) 

    Introduction The Energy Crisis Recession (1981-1982), also known as the Early 1980s Recession, was a significant economic downturn that affected the United States and other parts of the world. It was marked by high inflation, high unemployment, and slow economic growth that began in the late 1970s. To better understand the context of this recession, …
    The Energy Crisis #2 Recession (1981-1982)
  • Recessions and Depressions

    The Gulf War Recession (1990-1991) 

    Introduction The Gulf War Recession (1990-1991) was a period of economic downturn in the United States and other parts of the world in the early 1990s. This recession was closely linked to the Gulf War, a conflict between Iraq and a coalition of international forces led by the United States. As a result, the recession …
    The Gulf War Recession (1990-1991)
  • Recessions and Depressions

    The Dot Com Recession (2001) 

    Introduction The Dot Com Recession (2001) was a significant economic downturn that occurred between March and November 2001, primarily caused by the dot-com bubble’s collapse. The recession had far-reaching consequences, affecting financial markets, economic growth, and various sectors of society. Historical and Economic Context The 1990s was a period of rapid growth in the technology …
    The Dot Com Recession (2001)
  • Recessions and Depressions

    The Great Recession (2007-2009) 

    Introduction The Great Recession (2007-2009) was a severe global economic downturn that began in the United States and spread to other countries. This crisis led to a significant decline in economic activity, high unemployment rates, and the collapse of financial institutions. The historical and economic context leading up to the recession included a housing market …
    The Great Recession (2007-2009)
  • Recessions and Depressions

    The Covid Recession (2020) 

    Introduction The Covid Recession (2020), also known as the Coronavirus Recession or the Great Lockdown, was a global economic downturn resulting from the COVID-19 pandemic that started in February, 2020. The historical and economic context leading up to the recession was marked by a decade of global economic growth following the 2008 financial crisis, characterized …
    The Covid Recession (2020)
  • Recessions and Depressions

    Post-Pandemic Recession (2022-2023) 

    Introduction The Post-Pandemic Recession is an economic downturn commencing in 2022, which transpired following the initial recovery from the COVID-19 pandemic. It is important to note that, when authoring this article, the recession may still be in progress; therefore, the ultimate duration and severity remain undetermined. A confluence of factors triggered this recession, including escalating …
    Post-Pandemic Recession (2022-2023)
  • Recessions and Depressions

    2023 Banking Crisis 

    The 2023 banking crisis marked the most severe financial turmoil in the United States and Europe since the global financial crisis of 2007-2008. This crisis was triggered by multiple factors, however, the primary cause was the US Federal Reserve’s aggressive interest rate hikes which resulted in substantial losses on US banks’ government bond portfolios.  The …
    2023 Banking Crisis
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