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Major financial crises throughout history
Economic collapses that changed history
© Getty Images
For as long as there has been a market, there have been market failures. Whether caused by the beginnings of wars, the ends of wars, bad loans, or just the natural progression of things, they have always found a way to occur, and show no sign of being eradicated anytime soon. Some recessions are brief and inconsequential enough that they can be struck from public memory within a matter of years, while others, like the Great Depression or the market crash of 2008, have left indelible, permanent marks on cultures and societies around the world.
Read on to learn more about the worst financial collapses in history.
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