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1.The internal and external causes of the fall of the Gupta Empire were related. The main external factor was invasion and instability caused by nomad groups like the Hunas and the Hephthalites (White Huns) from Central Asia.
Past economic collapses have had political as well as financial causes. Persistent trade deficits, wars, revolutions, famines, depletion of important resources, and government-induced hyperinflation have been listed as causes.here are few well documented cases of economic collapse. One of the best documented cases of collapse or near collapse is the Great Depression, the causes of which are still being debated. To understand the Great Depression is the Holy Grail of macroeconomics..