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2008 Recession: What it Was and What Caused It - Investopedia
https://www.investopedia.com/terms/g/great-recession.asp
WebDec 18, 2023 · Key Takeaways. The Great Recession refers to the economic downturn from 2007 to 2009 after the bursting of the U.S. housing bubble and the global financial crisis. The Great Recession was the...
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Great Recession | Causes, Effects, Statistics, & Facts | Britannica …
https://www.britannica.com/money/great-recession
WebMar 8, 2024 · Great Recession, economic recession that was precipitated in the United States by the financial crisis of 2007–08 and quickly spread to other countries. Beginning in late 2007 and lasting until mid-2009, it was the longest and deepest economic downturn in many countries, including the United.
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The Great Recession and Its Aftermath | Federal Reserve History
https://www.federalreservehistory.org/essays/great-recession-and-its-aftermath
WebNov 22, 2013 · The decline in overall economic activity was modest at first, but it steepened sharply in the fall of 2008 as stresses in financial markets reached their climax. From peak to trough, US gross domestic product fell by 4.3 percent, making this the deepest recession since World War II. It was also the longest, lasting eighteen months.
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Great Recession - Definition, Cause & 2008 | HISTORY
https://www.history.com/topics/21st-century/recession
WebDec 4, 2017 · The Great Recession—sometimes referred to as the 2008 Recession—in the United States and Western Europe has been linked to the so-called “subprime mortgage crisis.”
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The Great Recession | Federal Reserve History
https://www.federalreservehistory.org/essays/great-recession-of-200709
WebNov 22, 2013 · by Robert Rich, Federal Reserve Bank of Cleveland. The Great Recession began in December 2007 and ended in June 2009, which makes it the longest recession since World War II. Beyond its duration, the Great Recession was …
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Great Recession - Wikipedia
https://en.wikipedia.org/wiki/Great_Recession
WebThe recession data for the overall G20 zone (representing 85% of all GWP), depict that the Great Recession existed as a global recession throughout Q3 2008 until Q1 2009. Subsequent follow-up recessions in 2010–2013 were confined to Belize, El Salvador, Paraguay, Jamaica, Japan, Taiwan, New Zealand and 24 out of 50 European countries ...
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Causes of the Great Recession: Factors, Effects, and Legacy
https://www.businessinsider.com/personal-finance/what-caused-the-great-recession
WebThe US lost $7.4 trillion in stock wealth from July 2008 to March 2009. Home foreclosures skyrocketed, with nearly three million a year in 2009 and 2010. 1. Immoderate investments and...
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Great Recession Timeline - Recovery, US & 2008 | HISTORY
https://www.history.com/topics/21st-century/great-recession-timeline
WebDec 4, 2017 · Here are some of the most important milestones in a Great Recession timeline of the financial crisis—also known as the 2008 recession—which lasted in the United States from mid-2007 to June...
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The 2008 Crash: What Happened to All That Money? | HISTORY
https://www.history.com/news/2008-financial-crisis-causes
WebSep 14, 2018 · The 2008 Crash: What Happened to All That Money? A look at what caused the worst economic crisis since the Great Depression. By: Eric Rauchway. Updated: August 30, 2023 | Original: September...
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Great Recession in the United States - Wikipedia
https://en.wikipedia.org/wiki/Great_Recession_in_the_United_States
WebAccording to the Department of Labor, roughly 8.7 million jobs (about 7%) were shed from February 2008 to February 2010, and real GDP contracted by 4.2% between Q4 2007 and Q2 2009, making the Great Recession the worst economic downturn since the …
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