Where Marx identifies the change in the situation that made the public revolt possible is in a set of financial crises further afield that had deleterious effects on the economic situation in France. Specifically, he identifies a set of crop failures in 1845 and 46, and then a more general economic crisis which gripped England in the late 1840s. This crisis saw a wave of bankruptcies and factory closures throughout Britain and it was in the midst of the aftershocks that this crisis sent across the European continent, Marx asserts, that the February Revolution took place.[5]