2. Before 1819: Singapore was a busy port for trade. 1819: Sir Stamford Raffles sets up trading post 1826 - Singapore, Malacca and Penang become British colony of the Straits Settlements. 1750 -1850 Industrial - Revolution 1867 - Straits Settlements become crown colony of British Empire. 1869 - Suez Canal opens, trade booms. 1914-1918 World War I 1929 Wall Street Crashes (start of the Great Depression)
3. 1941 - World War II. Japan bombs Singapore. 1942 - Singapore falls to Japan, which renames it Syonan (Light of the South). 1945 - Japan defeated. Singapore under British military administration. 1946 - Singapore becomes separate crown colony. 1947 – Year of Strikes 1948 – Elections 1950 – Maria Hertogh Riots 1954 – Anti-National Service Riots 1955 – Elections (Rendel Constitution) - Hock Lee Bus Riots 1956 – Students’ Riot
4. 1959 - Self-government attained with Lee Kuan Yew as prime minister. 1963 - Singapore joins the Federation of Malaya, Sabah (North Borneo), and Sarawak in the Federation of Malaysia. 1964 – Racial Riots 1965 - Singapore separated from Malaysia and became independent!
i think just say like economic crisis like the one we just had, the banks don't have money to give the people who want them, and go bankrupt causing the whole system to crash.
This started in America when their stock markets crashed. stock markets are basically where people trade, buy and sell stocks. for example, a company is made of 100% in stocks. the ownership of the company is held by the person who holds the most stocks. a certain percentage of stocks are sold to the public. so if the value of the company increases, the value of the stocks increase. the people who buy these stocks can sell these stocks at a higher price to other people, and earn the profits. so this is what stocks are and what stock markets are about. people are buying stocks from different companies, hoping to sell them off at a higher price to make money. The stock market crash of 1929 occurred when people start losing confidence in the companies. the prices of the stocks are increasing so much, people thought that the prices will definitely have to decrease one day. so one day, a group of investors panicked, and started selling their stocks. this set of a chain of paranoia where everyone got scared as well, and started to sell their stocks as well. this selling of stocks made the stock prices decrease, which made more people decide to sell off their stocks. and finally, the market crashed because the stock prices fell very very badly. those who bought these shares using money they borrowed from the bank, had to pay back the banks using their possessions like houses. there were many people who also tried to withdraw their money from the banks. Banks mechanism people save $ in the bank these money does not stay in e bank it is used for investments, and lending to firms they can charge an interest. It is their way of earning $. When people lose confidence in the financial world, they want to draw out all their money from the bank banks do not have enough $ to pay everyone, so, many people lost their life savings. Banks also have no money to lend companies that are in trouble.
Ok, this picture is a picture of repatriation. I cant find pictures relating to singapore about this subject. Yepyeps. Sorry…
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