Political EconomyD. Appleton, 1888 - 134 Seiten |
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Seite 118
... Collapse . The state of things described in the last section is called a com- mercial collapse , because there is a sudden falling in of prices , credit , and enterprise . It is also called a Crisis , that is , a dangerous and decisive ...
... Collapse . The state of things described in the last section is called a com- mercial collapse , because there is a sudden falling in of prices , credit , and enterprise . It is also called a Crisis , that is , a dangerous and decisive ...
Seite 119
... collapse , and when some people are afraid , others readily become frightened likewise by sympathy . In matters of this kind men of business are much like a flock of sheep which fol- low each other without any clear idea why they do so ...
... collapse , and when some people are afraid , others readily become frightened likewise by sympathy . In matters of this kind men of business are much like a flock of sheep which fol- low each other without any clear idea why they do so ...
Seite 120
... collapse in America in 1873. There is at present ( February , 1878 ) the great depression of trade which marks the completion of one cycle and the commencement of a new one . Good vintage years on the continent of Europe , and droughts ...
... collapse in America in 1873. There is at present ( February , 1878 ) the great depression of trade which marks the completion of one cycle and the commencement of a new one . Good vintage years on the continent of Europe , and droughts ...
Seite 121
... Collapse . It is not to be supposed that things go as regularly as is here stated ; sometimes the cycle lasts only nine , or even eight years , instead of ten ; minor bubbles and crises sometimes happen in the course of the cycle , and ...
... Collapse . It is not to be supposed that things go as regularly as is here stated ; sometimes the cycle lasts only nine , or even eight years , instead of ten ; minor bubbles and crises sometimes happen in the course of the cycle , and ...
Seite 122
... collapse of trade will decrease the demand for coal , and then there will be great losses in the coal business . This is what has happened in the last few years in England , and the same thing has happened over and over again in other ...
... collapse of trade will decrease the demand for coal , and then there will be great losses in the coal business . This is what has happened in the last few years in England , and the same thing has happened over and over again in other ...
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