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4. Dez. 2017 · Learn about key moments in the Great Recession of 2007-09, from the collapse of Bear Stearns and the bank bailouts to the signing of the Dodd-Frank Act.
- 3 Min.
According 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 Great Depression.
June 9, 2010: Hungary; Hungary leaves the recession after experiencing 0.9% growth in the first quarter as a result of growing exports and effective government spending measures. June 9, 2010: Finland; Finland falls back into a state of recession after GDP contracted 0.4% in Q1 2010 and 0.2% in Q4 2009.
The Great Recession was a period of marked general decline observed in national economies globally, i.e. a recession, that occurred in the late 2000s. The scale and timing of the recession varied from country to country (see map).
24. Apr. 2022 · The seeds of the Great Recession started in 2006 when housing prices began to fall. Here's an explanation of causes, effects, and solutions.
- Kimberly Amadeo
18. Dez. 2023 · 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 a period of economic contraction caused by the Global Financial Crisis (2007-2009). The recession officially lasted from December 2007 until June 2009, however, its...
