+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

6 of the most spectacular business failures in history

Nov 7, 2016, 23:02 IST

Mario Tama/Getty Images

Advertisement

Looking back in history, it's not hard to find examples of business failures.

What makes these six ventures stand out as some of the most disastrous are the heft of their consequences, which include rebellions, countless deaths, incredible floral price inflation, and even two countries uniting.

Business Insider spoke with a number historians and authors about several of these unsuccessful companies and ventures that cropped up between the 14th and 18th centuries.

And while many of them noted that the actual economic damage these historical ventures wrought was typically nothing compared to more modern financial crashes, these companies still went down in history as disasters:

Advertisement

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article