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About: Early 1990s recession     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatEconomicCrises, within Data Space : dbpedia.org associated with source document(s)

Type: Thingyago:Abstraction100002137yago:Attribute100024264yago:Condition113920835yago:Crisis113933560yago:Depression114489113yago:Difficulty114408086yago:EconomicCondition114488594yago:Situation114411243yago:State100024720yago:WikicatEconomicCrises New Facet based on Instances of this Class

The early 1990s recession describes the period of economic downturn affecting much of the Western world in the early 1990s. The impacts of the recession contributed in part to the 1992 U.S. presidential election victory of Bill Clinton over incumbent president George H. W. Bush. The recession also included the resignation of Canadian prime minister Brian Mulroney, the reduction of active companies by 15% and unemployment up to nearly 20% in Finland, civil disturbances in the United Kingdom and the growth of discount stores in the United States and beyond.