Realities and problems

Bibliographic data

Monograph

Identifikator:: 1830556908

URN:: urn:nbn:de:zbw-retromon-221283

Document type:: Monograph

Title:: Realities and problems

Place of publication:: Westminster

Publisher:: [Verlag nicht ermittelbar]

Year of publication:: 1930

Scope:: 67 Seiten

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: The engineering industry

Collection:: Economics Books

The result is that less savings are retained for investment in industry or other profitable undertakings. Kventually the temporary impulse in luxury trades ceases and the position in those also finds the level of trade generally. There is already evidence of this process. ARTICLES OF CONSUMPTION. To some extent, obviously, articles of consumption may be luxuries rather than, or as well as, necessities, therefore, it might be expected that over the whole range of articles of consumption the effects of the general depression would not be very evident. This, it might be thought, would also be the case for another reason, namely, that the very large total sums paid directly to the unemployed, or expended for them in relief by the local authorities, must make up to a considerable extent for what they would otherwise spend out of earnings. Doubtless, the statistics of consumption are affected in both these ways. It is therefore all the more striking evidence of the general impoverishment of the country that it is reflected in increase in unemployment in trades dealing with articles of personal consumption. The official figures appended show this increase :— NUMBERS AND PERCENTAGES UNEMPLOYED. FOOD, DRINK AND TOBACCO. (Ministry of Labour Statistics.) Monthly Average. 1927 ... 1928 ... 25% 929... ‘on 1930 +—— January . February March - April _ May wn June ee July i o August ... es September —- October ... ... Total Unemployed. 38,101 37,530 38 381 49,739 51,267 57,214 59,146 57,462 52,875 53,185 54,865 57,876 £9 961 | Percentage. 7-4 74 7:5 9-7 10-0 11-2 11-5 11-2 10-1 10-1 10-4 11-0 11-4

Access restriction

Copyright

fullscreen: Realities and problems

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation