Topic: External Events That Affected Singapore’s Economy

Topic: External Events That Affected Singapore’s Economy


In this assignment, I will be looking into the some external events that have impacted Singapore’s economy, whether it is a decrease or an increase change. By ‘impact’, I mean to have an effect on; to influence, or to alter. By ‘external events’, I am referring to those issues or matters relating to foreign affairs or foreign nations. In detail, I will be explaining three external events and how they have impacted and influenced Singapore’s economy. They are: The Industrial Revolution from 1750 to 1850, The Suez Canal in 1869, and The Great Depression in the 1930s.