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How many financial crises have occurred in the United States?
The economic crisis stems from the basic contradiction of capitalism. As long as the capitalist system exists, the crisis is inevitable. Judging from the history of capitalist development, since 1825, the first periodic and large-scale overproduction crisis in Britain has occurred every once in a while. In addition to the crisis of 19th century mentioned above, in 20th century, 1900, 1907, 19 14, 192 1,/kloc-.

After the Second World War, major capitalist countries experienced economic crises in varying degrees. So far, as far as several major capitalist countries are concerned, the number of economic crises is:

Seven times in America (1948 ~ 1949, 1953 ~ 1954, 1957 ~ 1958,1960 ~/)

Japan 7 times (1954, 1957 ~ 1958, 1962, 1965,1970 ~197/kloc.

Federal Republic of Germany 7 times (1952, 1958, 196 1, 1966 ~ 1967, 197 1 0.

France 5 times (1952 ~ 1953, 1958 ~ 1959, 1964 ~ 1965,1974 ~/)

Britain 7 times (195 1 ~ 1952, 1957 ~ 1958, 196 1 ~ 1962.

Among the post-war crises in various countries, some occurred at the same time in some countries, and some were universal capitalist world economic crises. As for the number of world economic crises after the war, strictly speaking, there are only three, namely 1957 ~ 1958, 1973 ~ 1975, 1980 ~ 1982.

Among the above crises, the most serious one was the pre-war 1929 ~ 1933 crisis, which shocked the whole capitalist world and affected all colonial and semi-colonial countries, and was called the "Great Crisis of the 1930s". It happened under the condition that various contradictions in the capitalist world system intensified during the imperialist period after the First World War and the October Revolution in Russia. The crisis lasted for four years, and the decline of production and the increase of unemployment reached an unprecedented level. The industrial production in the whole capitalist world has dropped by almost 44%, which is 16% lower than the level of 19 13, and has regressed to the level of 1908 to 1909. The number of unemployed people has reached about 50 million, and the unemployment rate in some countries is as high as 30-50%. The total foreign trade of the capitalist world dropped by 66%, falling below the level of 19 13. As far as the United States is concerned, industrial production has dropped by 56.6%, including pig iron production by 79.4%, steel production by 75.8%, automobile production by 74.4%, the number of workers in the whole processing industry by 42.7%, the total wage payment by 57.7%, and the total number of unemployed people reaching120,000. The crisis has further intensified various contradictions in the capitalist world. German, Italian and Japanese fascists took the opportunity to come to power and launched wars of aggression one after another until the outbreak of World War II in 1939. After the crisis of 1929 ~ 1933 passed, it turned into a long-term "special depression" stage. After 1937 ~ 1938, the economic crisis broke out, and the production developed to an obvious new climax. 1939 was interrupted by World War II. 1929 ~ 1933 the great crisis occurred when state monopoly capitalism was not developed enough and the so-called "automatic adjustment" of capitalism was still dominant. It proves that the basic contradictions and other contradictions of capitalism have become so acute that the capitalist system will be in jeopardy if the state does not adjust and intervene. Therefore, taking this great crisis as an opportunity, especially after World War II, state monopoly capitalism has achieved great development. Due to the limitation and instability of the world economic development in the mid-1920s, sharp contradictions arose between the blindly expanded production and the relatively stable international and domestic markets, which led to the outbreak of the 1929 economic crisis. The crisis began with the sharp drop in new york's stock price, and soon spread to the whole United States and the whole capitalist world. After the crisis, the rulers of various countries adopted the short-sighted policy of beggar-thy-neighbour, and the fatal crisis was long-term, universal and unprecedented destructive. This crisis has a great impact on the world and left a profound lesson for the development of the world economy.