Chemistry and Industry in South Africa

• Publisher: Wiley (John Wiley & Sons)
• Year: 1935
• Weight: 355 KB
• Volume: 54
• Category: Article
• ISSN: 0368-4075
• DOI: 10.1002/jctb.5000540306

✦ Synopsis

that t,hcse short periods of booni must incvitnbly be siicccedcd by longer iind longer periods of slump owing t o (a) banks cnlling in t.lieir lonns (dcflntion), (b) t,licrel)y rcilucing inconics just wlicn t . 1 ~ debt iiicurrctl for 1)ilst ciipitnl const.ruct.ion is being added into prices of consnrii:iblc goods, and (c) slirivelling export mnrliets due to tlic growing intlnstrinlizntion of the \vorld.