In the year 1990 Socialistic Federal Republic of Yugoslavia experienced its downfall and fell apart to six independent countries. Downfall came due to the dissatisfaction of the population with the low standard of life and political situation in the country. The economic crisis was the reason behind the low standard of life. External debt had already surpassed 20 billion dollars by the year of 1981, number of unemployed people continually kept growing and number of strikes increased. After the death of Josip Broz Tito who was the central figure of the state and the person responsible for maintaining the existence of Socialistic Federal Republic of Yugoslavia, the collective presidency of the state tried to coordinate the interests of multiple republics and decrease the negative effects of economic crisis but it was all in vain. Culmination of dissatisfaction manifested itself in multiparty elections in Croatia in year 1990 and later with the proclamation of Christmas Constitution which caused negative reaction from Serbian population that lived in Croatia and in 1990 the revolt of Serbian population and later in 1991. war.