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Which country’s 1998 default triggered a major stock-market shock and the collapse of Long-Term Capital Management?
Answer
Russia
Which country’s stock exchange suffered the 1989 crash that began Japan’s “lost decades”?
Answer
Japan
Which 2010 U.S. market crash lasted about 36 minutes and was called a “flash” event?
Answer
Flash Crash
Which 1720 financial collapse involved both the South Sea Company and a British parliamentary scandal?
Answer
South Sea Bubble
Which 1637 Dutch financial bubble is widely considered the first recorded speculative market crash?
Answer
Tulip mania
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