The document discusses several economic crises throughout history from the 1920s to 2008 and their notable effects. The Great Depression caused unemployment to hit all-time highs. The 1973 oil crisis resulted in skyrocketing gas prices and fuel rationing. The Asian Financial Crisis and Ruble Crisis destabilized economies and caused inflation and shortages in Russia. The Dot Com Bust and Enron Crisis led to company failures and losses. The sub-prime mortgage crisis damaged the US housing market through loan defaults. The AIG collapse caused the largest stock market plunge since the Great Depression requiring a government subsidy.

2. The Great Depression (1929-1939) Notable Effect: Stock market crashes, unemployment hits all-time high

3. 1973 oil crisis Notable Effect: gas prices skyrocket, fuel rationing occurs, resulting in long gas lines

4. Asian Financial Crisis (1997) Notable Effect: Asian Economy destabilized, prompting fears of destabilization in the world economy

5. Ruble Crisis (1997) Notable Effect: Inflation of the Russian Ruble increased dramatically, massive shortages of basic resources like food

6. Dot Com Bust (1999) Notable Effect: Dozens of overfunded dot coms fail to make a profit and close their doors

7. Enron Crisis (2000) Notable Effect: Enron employees lose all their savings, a few Enron executives are prosecuted for fraud

8. Sub-prime mortgage crisis (2006) Notable Effect: massive amounts of sub-prime loan defaults do major damage to American housing market

9. AIG Collapse (2008) Notable Effect: Largest stock market plummet since The Great Depression, government forced to subsidize AIG