1950 In New Zealand
New Zealand entered into the Korean War - a total of 4,700 New Zealanders served in Korea. New Zealand also was involved in the Malayan Emergency.
The New Zealand Legislative Council was abolished, see Suicide squad.
The 1950 British Empire Games was held in Auckland.
Wool prices boomed, tripling during the year, due to U.S. stockpiling as a reaction to the Korean war. This was offset somewhat by increases in the prices of other (imported) commodities, but began the biggest economic boom of the 20th Century in New Zealand.
Read more about 1950 In New Zealand: Population, Events, Appointments and Awards, Births, Deaths
Famous quotes containing the word zealand:
“Teasing is universal. Anthropologists have found the same fundamental patterns of teasing among New Zealand aborigine children and inner-city kids on the playgrounds of Philadelphia.”
—Lawrence Kutner (20th century)