British Malaya - Economic Depression (1930s)

Economic Depression (1930s)

Further information: Great Depression

During the 1930s, the world economy was in a depression. Due to the integration of the Malayan economy to the global supply chain, Malaya did not escape the depression.

Read more about this topic:  British Malaya

Famous quotes containing the words economic and/or depression:

    “The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state.”
    —John Kenneth Galbraith (b. 1908)

    “That terrible mood of depression of whether it’s any good or not is what is known as The Artist’s Reward.”
    —Ernest Hemingway (1899–1961)