How long is it between the economic crises of the capitalist countries?

Since 1825, when Britain first experienced a general economic crisis of overproduction, subsequent crises occurred in the years 1836, 1847, 1857, 1866, 1873, 1882, 1890 and 1900. During the period of free capitalist competition and the transition to monopoly capitalism, such economic crises occur almost every decade or so. In the twentieth century, after the crisis of 1900 and before the Second World War, there were economic crises of 1907, 1914, 1921, 1929, 1933, 1937 and 1938, almost every seven or eight years.

After the Second World War, there were economic crises of varying degrees in the major capitalist countries. So far, in the case of several major capitalist countries, the number of economic crises has been:

7 times in the United States in 1975, 1980 in 1982) and 7 times in Japan).

Federal Republic of Germany 7 times 1982).

France 5 times 1982).

UK 7 times in 1982).

Strictly speaking, however, there are only three world economic crises, namely, those of 1957-1958, 1973-1975 and 1980-1982, because they are the only ones that show a clear international simultaneity.

The first time was in 1927.

The second time was in 1973.

In 1920, the capitalist world experienced its first economic crisis since the First World War. The economic crisis is the inevitable product of the development of the capitalist economy to a certain extent.

The largest economic crisis occurred in the thirties of the twentieth century, which led to the outbreak of the Second World War. However, after Roosevelt** implemented the New Deal, the United States gradually got out of the predicament and became an important guarantee of victory against the Nazis in World War II.

In crisis theory, we distinguish general crises from local crises and economic cycles; A general crisis refers to a total collapse of the economic and political relations of reproduction, while local crises and economic cycles are the normal phenomena of history.

In production, the desire for profit periodically clashes with the objective inevitability of the social division of labor. Local crises and economic cycles are only the inherent ways in which the system reunites these individual aspirations with objective necessity.

The economic crisis is a large backlog of relative surplus products caused by the blind production of capitalists under the private ownership of the means of production.

In theory, economic crises are inevitable and cyclical, occurring roughly every 10 years or so. However, after Roosevelt's New Deal, large-scale intervention in the economy greatly reduced the blindness of production, thereby slowing down the extent and interval of economic crises, but it was always inevitable. The more serious economic crises are as follows:

Year Great Britain the first economic crisis of the capitalist world.

Causes|Britain was the first to start the bourgeois revolution and won the victory, it was the beginning of the first industrial revolution, the colonies spread all over the world to establish the first world market, so it was also the world financial center at that time, so it happened in Britain.

Year Europe European business crisis.

Year U.S. capitalist world economic crisis.

In 1933, it was first published in the United States, and it was the largest and most serious one in history, and it can be said that it was unprecedented.

Reasons The high concentration of wealth, the large gap between the rich and the poor led to the lack of consumption power of the general public, and the huge productive forces created by the second industrial revolution made the inherent contradiction between supply and demand more prominent.

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

The economic boom has driven stock prices** people are blindly optimistic and over-speculative.

Impact: 1. It undermined international relations, 2. People became suspicious of capitalism, 3. It caused the spread of fascism, 4. It brought capitalism to a political crisis and the bourgeois democratic system was shaken.

The rise in oil prices in the Middle East collapsed the world monetary system centered on the dollar and shook the hegemony of the United States.

In the 90s of the century, the Asian financial crisis.

The economic crisis caused by the worldwide financial crisis of 08 years of the century!

The aftershocks of the zero-subprime mortgage crisis are still lingering.

1929 The root cause and immediate cause of the outbreak of the economic crisis in 1933 The first economic crisis in the history of the world that occurred in Britain in 1825 The industrial and commercial crisis that spread to Europe in 1847.

The first world economic crisis that occurred in the United States in 1857 caused the outbreak of the economic crisis:

FYI.

The first bai world economic crisis.

The capitalist industry began in 1825 after the outbreak of the general production surplus crisis in England.

the cycle of its modern life. Britain was the first country in the world to carry out the industrial revolution at that time, and it was also the first country in the world to realize capitalist industrialization. The starting point of the industrial revolution in the United States began in the 20s of the 19th century, more than half a century later than that of Britain.

After the end of the American Civil War in 1865, slavery was abolished, all obstacles to its capitalist development were removed, and the economy made a breakthrough, catching up with Britain in the seventies of the 19th century. Therefore, if we systematically study and examine the process of the development of the US economic cycle from a historical perspective, we can not only reveal the characteristics of the US economic cycle itself, but also show the position of the US economic cycle movement in the overall process of the development of the capitalist world economic cycle.