The industrial crisis took place in 1900-1901. It began in the USA and Russia. Then he covered the countries of Europe: Germany, France, England, Italy, Austria, etc. The industrial crisis led to the collapse of the metallurgical industry, construction and chemical industries. Due to the industrial crisis, many industrial enterprises were ruined. All this led to unemployment and a reduction in output.
One of the components of a person's success in our time is receiving modern high-quality education, mastering the knowledge, skills and abilities necessary for life in society. A person today needs to study almost all his life, mastering everything new and new, acquiring the necessary professional qualities.