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About: Post–World War I recession     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatRecessions, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: placeyago:Abstraction100002137yago:Attribute100024264yago:Condition113920835yago:EconomicCondition114488594yago:Recession114013368yago:State100024720yago:WikicatRecessions New Facet based on Instances of this Class

The post–World War I recession was an economic recession that hit much of the world in the aftermath of World War I. In many nations, especially in North America, economic growth continued and even accelerated during World War I as nations mobilized their economies to fight the war in Europe. After the war ended, the global economy began to decline. In the United States, 1918–1919 saw a modest economic retreat, but the second part of 1919 saw a mild recovery. A more severe recession hit the United States in 1920 and 1921, when the global economy fell very sharply.