1873

The year 1873 was notable for significant global events. It marked the start of a severe worldwide economic depression, often called the Long Depression, caused by financial crises in the United States and Europe. In the United States, the stock market collapse, known as the Panic of 1873, led to widespread unemployment and business failures. The same year, the Brooklyn Bridge construction began, symbolizing progress and innovation. Internationally, countries like Japan began modernizing their economies, while the Victorian era in Britain influenced culture and society. Overall, 1873 was a pivotal year in shaping economic, technological, and cultural developments.