The Rise and Fall of The Pearling Industry
During the nineteenth and early twentieth centuries, the pearling industry thrived in the relative calm at sea, providing both income and employment to the people of the Persian Gulf. It began to become a good economic resource for the local people. The First World War had a severe impact on the pearl fishery, but it was the Great Depression of the late 1920s and early 1930s, coupled with the Japanese invention of the cultured pearl, that all but destroyed it. The industry eventually faded away shortly after the Second World War, when the newly independent Government of India imposed heavy taxation on pearls imported from the Arab states of the Persian Gulf. The decline of pearling resulted in a very difficult era, with little opportunity to build any infrastructure.
Read more about this topic: History Of The United Arab Emirates
Famous quotes containing the words rise, fall and/or industry:
“How will it be with kingdoms and with kings—
With those who shaped him to the thing he is—
When this dumb Terror shall rise to judge the world,
After the silence of the centuries?”
—Edwin Markham (1852–1940)
“I pray thee now, tell me for which of my bad parts didst thou first fall in love with me?”
—William Shakespeare (1564–1616)
“Whatever I may be, I want to be elsewhere than on paper. My art and my industry have been employed in making myself good for something; my studies, in teaching me to do, not to write. I have put all my efforts into forming my life. That is my trade and my work.”
—Michel de Montaigne (1533–1592)