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How many times have there been capitalist economic crises in the world? When did the difference happen? What is the cause and effect?
The economic crisis is that under the private ownership of the means of production, capitalists blindly produce products, resulting in a large backlog of products.

Theoretically, the economic crisis is an inevitable periodic outbreak, about once every 10 years. However, after Roosevelt's New Deal, the government intervened in the economy on a large scale, which greatly reduced the blindness of production and thus slowed down the degree and interval of the economic crisis, but it was always inevitable. The more serious economic crisis is as follows:

1, 1825 The first economic crisis in the British capitalist world

Reason | Britain first started the bourgeois revolution and won. This is where the first industrial revolution began. Colonies spread all over the world and established the earliest world market, so it was also the world financial center at that time, so it happened in Britain.

2. 1847 European industrial and commercial crisis.

3, 1857 American capitalist world economic crisis

4.1929 ——1933 was first launched in the United States, which is unprecedented in scale and severity.

The reason is that wealth is highly concentrated and the gap between the rich and the poor is too large, which leads to insufficient consumption power of the general public. The huge productivity created by the second industrial revolution made the internal contradiction between supply and demand more prominent.

The American government pursues the traditional laissez-faire economic policy and does not intervene in the market, so the contradiction between supply and demand cannot be alleviated.

Economic prosperity drives stock prices up, people are blindly optimistic and stock speculation is excessive.

The influence of 1 destroyed international relations, 2 people doubted capitalism, 3 caused the spread of fascism, 4 made capitalism face a political crisis and the bourgeois democratic system was shaken.

The oil price in the Middle East rose from 65438 to 0973, which triggered the collapse of the world monetary system centered on the US dollar and shook the hegemony of the United States.

In the 1990s, the Asian financial crisis.

7,265,438+the economic crisis triggered by the worldwide financial crisis in 2008!