The impacts of the great depression on the safety development in civil aviation: Business cycles approach

Economics has realised significant advancements with criticisms from Marxist and Neo-Marxist thinkers. One of these criticisms pertains to business cycles and waves. This analysis focuses on the development of aviation safety in light of these waves and cycles. Simultaneously, the primary research method involves a systematic articulation of economic waves and their impacts on the understanding of safety in civil aviation. Thus, this research encompasses three patterns: civil aviation safety, economic conjunctures and wave theory, and a historical approach. This study aims to explain how the Great Depression Safety Wave formed between the periods of the First and Second World Wars. The findings indicate that there was a marked increase in the understanding of safety during the First and Second World Wars. Conversely, due to the Great Depression and its ramifications beyond the economic realm, there emerged a wave between the First World War and the Second World War, impacting historical evolution and the trajectory of safety throughout history.