FIVE OF THE WORLD’S MOST DEVASTATING FINANCIAL CRISIS’S

FIVE OF THE WORLD’S MOST DEVASTATING FINANCIAL CRISIS’S

Financial Crisis
A financial crisis, in the briefest of terms, can be defined either as the increased outflow of cash over the inflow, or the reduction in the nominal value of financial assets. In other words, when financial planning and management go wrong and our markets collapse, we are left in a state of a financial crisis. In this article we have listed out the five worst financial crisis's we have faced as of yet and they are as follows,   1: THE GREAT DEPRESSION: (1929-1939) Many people believe the great depression was perhaps the worst economic disaster of the 20th century.  It is said to have been triggered by the Wall Street crash where thousands of speculative investors traded over 16 million shares on the New York Stock Exchange in a…
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