What is economic crises? Historians have identified many types of economic crises in the early modern period or pre-industrial, finance, general long-term crises, regional, permanent crises of the lower classes difficulties, and short-term hunger or hunger crises together while unemployment. so what is economic crises?, often triggered by the collapse of government, banking houses were destroyed, but rarely cause widespread suffering, unless it coincides with other problems. 1559 destroyed the Spanish submerged Fugger of Augsburg, and the bankruptcy of 1575 destroyed the Genoese bankers, while the bankruptcy of Spain during the Thirty Years War (1618-1648) to strengthen the sovereign debt restructuring
that flow from the war itself, the plague of 1630, and more.
Historians have argued that the preindustrial Western Europe experienced at least two of the economic crisis in general, the first in the fourteenth century and early fifteenth of the Black Death, and the second to the seventeenth century. Time of economic dislocation, stagnation and even contraction alternated, so it seems, with periods of economic growth and rapid population and widespread in the thirteenth century, the sixteenth and nineteenth centuries, the eighteenth century. Thomas Malthus, Essay on Principle of Population (1798), expressed the general view which says that the population tends to exceed the available food supplies and brought back into balance only by war, famine and disease.
