A brash boosterism that had typified Melbourne during this time ended in the early 1890s with a severe depression of the city's economy, sending the local finance and property industries into a period of chaos during which 16 small "land banks" and building societies collapsed, and 133 limited companies went into liquidation. The Melbourne financial crisis was a contributing factor in the Australian economic depression of the 1890s and the Australian banking crisis of 1893. The effects of the depression on the city were profound, with virtually no new construction until the late 1890s. COUNT 9
QSN1 When did severe depression hit Melbourne's city? ANS1 1890s QSN2 What went into liquidation in Melbourne around the 1890's? ANS2 16 small "land banks" and building societies collapsed, and 133 limited companies QSN3 When did new construction start in Melbourne? ANS3 late 1890s QSN4 When did Australia have a banking crisis? ANS4 1893. QSN5 During what decade did Melbourne suffer a sever economic depression? ANS5 early 1890s QSN6 How many limited companies went into liquidation during the 1890s depression in Melbourne? ANS6 133 QSN7 How many "land banks" and building societies collapsed during the 1890s depression in Melbourne? ANS7 16 QSN8 The Melbourne financial crisis was a contributing factor to what banking crisis in 1893? ANS8 Australian QSN9 When did new construction start to reimerge after the early 1890s depression in Melbourne? ANS9 late 1890s