Global economic crises are significant downturns in economic activity that affect multiple countries and regions. These crises can be triggered by various factors, including financial market instability, high levels of debt, or sudden changes in trade policies. They often lead to widespread unemployment, reduced consumer spending, and lower levels of investment, impacting the overall well-being of populations. Historically, events like the Great Depression of the 1930s and the 2008 financial crisis have demonstrated how interconnected global economies are. During these crises, governments and international organizations, such as the International Monetary Fund, often intervene to stabilize economies and restore growth through financial aid and policy adjustments.