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#3 1924 Paris Summer Olympics
At a time when Europe was still reeling under the aftereffects of the First World War, Paris got set to host the Summer Olympics for the second time in its history.
Far from being the most popular multi-sport carnival that it is today, the Olympics, in the early years of the 20th century, was still perceived as a specious novelty, and the crowd response to the games that had been conducted prior to the 1924 games had been tepid, at best. But, Paris 1924 changed all that.
A reported crowd of 44,000 descended to the venues in the Paris Games and in anticipation of its success, insurance companies insured receipts of upto 10 million Francs.
However, shock awaited the organisers, when the receipts were computed towards the end of the game, it came upto 5.5 million Francs. The loss to France compounded, to an extent, some of the economic problems that the country was facing in the aftermath of the First World War.
