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The main purpose of the article is to reconstruct scientific meaning of the term of
crisis. The text begins with a short reference to the latest financial breakdown of 2008.
Because of the collapse of Lehman Brothers Bank, since October 2008 the term crisis
has been widely used in public and academic discourse. In recent years, research into
economical collapse has become very popular. The addressed issue is a part of many
scientific books and scholar analysis. Simultaneously, the term of crisis is often used in everyday life – as a general idea of crash and devastation. Despite its popularity, the
phrase ‘crisis’ is indefinite. Therefore providing an academic definition of this phenomenon
presents the major difficulty. To solve this problem, several accredited theoretical
points of view on crisis may be synthesized.