The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009, [1] overlapping with the closely related 2008 financial crisis.

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 …

Dec 23, 2025 · Learn what the Great Recession was, the key factors that caused it, how it affected markets and jobs, and the lessons learned from the global financial crisis.

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 notably …

Dec 4, 2017 · Discover the confluence of events that prompted the Great Recession in America and its main culprit: the subprime mortgage housing crisis.

Mar 3, 2025 · Rooted in a series of complex factors, including risky lending practices, excessive risk-taking by financial institutions, and lax regulatory oversight, this crisis not only precipitated …

The crisis exacerbated the Great Recession, a global recession that began in mid-2007, as well as the United States bear market of 2007–2009. It was also a contributor to the 2008–2011 …

Oct 22, 2025 · The Great Recession of 2008 was a turning point in global finance. This article examines what triggered the collapse, how it spread across economies, and the long-term …

Nov 25, 2025 · Learn more about the causes, the events, and the aftermath of the 2007–2008 financial crisis and the Great Recession that followed.

financial crisis of 2007–08, severe contraction of liquidity in global financial markets that originated in the United States as a result of the collapse of the U.S. housing market.