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.

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Famous quotes containing the words economic and/or depression:

    “When you overpay small people you frighten them. They know that their merits or activities entitle them to no such sums as they are receiving. As a result their boss soars out of economic into magic significance. He becomes a source of blessings rather than wages. Criticism is sacrilege, doubt is heresy.”
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