Industry of Bosnia and Herzegovina in basis of Great economic crisis (1930.-1934.) Cover Image

Industrija Bosne i Hercegovine u vrijeme Velike ekonomske krize (1930.–1934.)
Industry of Bosnia and Herzegovina in basis of Great economic crisis (1930.-1934.)

Author(s): Salkan Užičanin
Subject(s): Economic history, Interwar Period (1920 - 1939)
Published by: Arhiv Tuzlanskog kantona
Keywords: Bosnia and Herzegovina; Yugoslavia; industry; economy; agriculture; crisis; depression; production; reduction; stagnation; unemployment; loss;

Summary/Abstract: The world economy late in 1929. was straddled is a big crisis, prompting bank breakdowns, strikes, shortage of working capital, increased confidence in the financial market and the gradual impoverishment of the population. Economy of Bosnia and Herzegovina was engulfed in the crisis with some delay (1931.). The earliest it felt was in agriculture expanding soon to other economic sectors. Particularly negative impact of the crisis on the industry had the introduction of trade restrictions in the international market. Inability to exports and weakening purchasing power of the rural population has narrowed the circle of consumers of industrial goods. The crisis has had a particular impact in wood, metal and chemical industry, ie With export industries, prisiliviši them to adjust production volume weak internal market that could absorb their entire production. This has led to a reduction in production, release of a large number of workers and ultimately the suspension of a large number of companies, which is why the industry in Bosnia and Herzegovina suffered great losses.

  • Issue Year: 2013
  • Issue No: 16
  • Page Range: 382-403
  • Page Count: 22
  • Language: Bosnian, Croatian, Serbian