Legacy
The abrupt end of the first and second rubber boom demonstrate the entrepreneurial incapacity and the lack of vision of the dominant class and politicians of the region. The end of the war brought the loss of the chance to correct the mistakes made after the first rubber boom. No effective plan of regional sustainable development was made, which had the result that as soon as the war ended, the economies of both the winners and losers reorganized in Europe and Asia, and brought to an end the production of the old and inefficient rubber workers in the Amazon.
Read more about this topic: Rubber Boom
Famous quotes containing the word legacy:
“What is popularly called fame is nothing but an empty name and a legacy from paganism.”
—Desiderius Erasmus (c. 1466–1536)