The Wall Street Crash of 1929 was one of the most catastrophic financial collapses in history, marking the beginning of the Great Depression. The economic boom of the 1920s had created an illusion of endless prosperity, leading to excessive speculation in the stock market. However, structural weaknesses in the economy, combined with unsustainable financial practices,…
Introduction The early 20th century witnessed a dramatic shift in political ideologies across Europe, with fascism and nationalism emerging as dominant forces in several nations. The period following World War I (1914-1918) created the perfect conditions for these movements to flourish. Economic instability, political upheaval, and social unrest fueled nationalist sentiments, leading to the rise…
The Great Depression was one of the most severe economic downturns in modern history, beginning with the stock market crash of 1929 and lasting throughout the 1930s. It caused massive unemployment, a dramatic decline in global trade, and widespread financial turmoil. This crisis affected every sector of the economy, leading to political instability, social unrest,…
Introduction The COVID-19 pandemic, which emerged in late 2019, caused an unprecedented global crisis, affecting health, societies, and economies worldwide. While the immediate concern was the health emergency, the pandemic also led to one of the most severe economic downturns in modern history. Nations across the globe faced economic contractions, business closures, job losses, and…
The economic crisis in Sri Lanka has been one of the most significant financial and political upheavals in recent history. The small island nation faced a catastrophic collapse of its economy in 2022, leading to widespread protests, food shortages, and a political crisis. While the immediate impacts were most keenly felt within Sri Lanka, the…