Conclusion

Conclusion


As you can see, all three sources have influenced and affected our lives to a great extent. More specifically, they have impacted Singapore’s economy, either in a bad way or a good way.


Therefore, I am able to conclude that The Industrial Revolution and the Opening of the Suez Canal have caused Singapore to increase greatly in trade, have improvements in port facilities and communications; thus resulting in a rapid growth in Singapore’s economy. On the other hand, The Great Depression has resulted in a huge decrease in trade and business, unemployment and hardship, restriction on immigration, and also arrangements for the unemployed to return to their homeland; hence, Singapore’s economy decreased steeply.