10 nov 1892 anni - The November Crisis
Descrizione:
The first great economic crisis of capitalism. It's not very an important crisis, but it is the beginig of a long stagnation and a slow recesion that would eventually result in the Crash of 1903. It began in agriculture because of the lack of workers and then get to industry because industry produce more than ever before and can't really increase production (lack of ressources, workers, overproduction...). Economic and Historian expert call that event the "first Production Summit" (Human production can't grow much at the time)
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