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AN OUTLINE OF ECONOMIC CHANGE 192324193839
THE PASTORAL AND DAIRYING INDUSTRIES
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adjusted Agricultural Bank Annual Reports areas average building Butlin calculated capital formation cattle census changes Commonwealth considerable construction dairying industry debts decade decline demand depreciation depression downturn drought early thirties earnings economic activity employed employment estimates expansion expenditure export sectors factors factors of production farmers farming finance forward linkage funds goldfields goldmining gross domestic product gross output gross product Group Settlement important included income income effects increase industrial metals interwar period Kalgoorlie Kimberley labour land leading sectors linkage effects loans manufacturing marketing costs materials ment Nannup number of shops obtained overseas capital pastoral industry period price index profits railway rapidly ratio recovery reduction relief residential result Royal Commission rural scheme second half sheep Source South-West Statistical Register supply sustenance Table tion twenties unemployed Western Australia Western Australian economy wheat wheat industry wheatbelt Wiluna wool