Economic collapse
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There is no precise definition of an economic collapse. The term has been used to describe a broad range of bad economic conditions from a severe, prolonged depression with high bankruptcy rates and high unemployment, such as the Great Depression, to a breakdown in normal commerce caused by hyperinflation (such as in Weimar Germany), or even an economically caused sharp increase in the death rate and perhaps even a decline in population (Former USSR).
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See also
- Black Swan Theory
- Currency crisis
- Dependency ratio
- Devaluation
- Economic bubble
- Hindenburg Omen
- Homelessness
- Pensions crisis
- Rare disasters
- Societal collapse
- Stock market crash
- Survivalism
Examples:
- Great Famine (Ireland)
- Panic of 1837
- Panic of 1873
- Panic of 1893
- Panic of 1907
- 1997 Asian financial crisis
- Soviet famine of 1932–1933
- Bengal famine of 1943
- Late 2000s recession
- List of stock market crashes
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