Excerpt from Sketches of the Late Depression; Its Cause, Effect and Lessons: With a Synoptical Review of Leading Trades During the Past Decade
The downfall of several houses of the mushroom type of growth, of weak and uncertain antecedent record, with little claim to consideration in any sense, yet who had managed to work up large turnovers of business through the overweening credit-confidence of the time, was the earliest result of an almost unparalleled inflation. These failures were followed by the stoppage of a few sounder interests, and by the attempted contraction of business in more conservative quarters, until the advent of an extended term of depression became fully patent.
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Paperback. Condition: New. Print on Demand. This in-depth exploration of morality and commerce delves into the causes of the severe economic depression that crippled Canada in the late 19th century. The author examines how factors such as speculation, overproduction, and unsustainable credit practices contributed to the crisis, leading to numerous business failures and widespread financial hardship. Beyond simply recounting the events of the depression, the book offers valuable insights into the role of ethics in business, emphasizing the importance of integrity, honesty, and trust in fostering economic stability and prosperity. The author argues that by adhering to sound principles, businesses and individuals can navigate economic challenges more effectively and create a more sustainable and equitable economic system. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330438015_0
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330438015
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330438015
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Condition: Hervorragend. Zustand: Hervorragend | Seiten: 264 | Sprache: Englisch | Produktart: Bücher. Seller Inventory # 25768659/1
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