The World Depression, South Africa and the Gold Standard (Hardcover - Schumann, C. G. W.

During the Great Depression, South Africa's initial adherence to the gold standard, despite global abandonment, led to economic hardship, particularly for farmers, as the value of their exports decreased. However, abandoning the gold standard in late 1932, helped South Africa's economy recover, with the increased gold price boosting the mining sector and sparking economic expansion.

Hardcover. English. Juta. No Date ca 1950s. 153 pp. In good blue cloth covers with top and bottom bumped and frayed; internally clean. Book No: 2506848