Assertion: panic | /r/HasProperty | acute economic depression
Facets:
value: in the united states
type: LOCATION
Source sentences:
text: The Panic of 1896 was an acute economic depression in the United States that was less serious than other panics of the era, precipitated by a drop in silver reserves, and market concerns on the effects it would have on the gold standard.
text: Panic, in economics, acute financial disturbance, such as widespread bank failures, feverish stock speculation followed by a market crash, or a climate of fear caused by an economic crisis or the anticipation of such a crisis.