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Business Enterprise and the Great Depression in Brazil: A Study of Profits and Losses in Textile Manufacturing

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  • Haber, Stephen H.

Abstract

This article employs previously unused accounting data and manuscript censuses to determine the impact of the Great Depression on Brazil's most important cotton textile manufacturers. It argues that the Great Depression, when viewed at the level of the individual business enterprise, had far more serious consequences than the previous literature, which relied on aggregate statistical data, suggests. The analysis presented here leads to the conclusion that Brazil's major cotton firms were in serious trouble prior to the 1929 Crash and that they took longer to recover than most other studies of Brazilian industrialization have indicated.

Suggested Citation

  • Haber, Stephen H., 1992. "Business Enterprise and the Great Depression in Brazil: A Study of Profits and Losses in Textile Manufacturing," Business History Review, Cambridge University Press, vol. 66(2), pages 335-363, July.
    • Handle: RePEc:cup:buhirw:v:66:y:1992:i:02:p:335-363_06
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    Cited by:

    1. Cecilia Lara & Svante Prado, 2023. "From boom to gloom: Brazilian labour productivity in manufacturing relative to the United States, 1912–2019," Economic History Review, Economic History Society, vol. 76(4), pages 1110-1140, November.

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