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Product details


Art.No:
76441
Author / Artist:
Erleigh, Viscount
Title:
The South Sea Bubble
Subtitles / Reproduction:
[Reprint]
Keyword:
Wirtschaft - Geschichte
Binding / Picture Size:
OLwd.
Publisher:
Greenwood Press
Place of publishing:
Westport
Year of publication:
1978
Book Details / Size:
8°, 175 S., einige Abb. a. Taf.
Condition:
Kapitale min. gebrauchsspurig, tadellos.
Description:
EA dieses Reprints der Ausgabe 1933. - «The South Sea Company (officially The Governor and Company of the merchants of Great Britain, trading to the South Seas and other parts of America, and for the encouragement of fishing)[3] was a British joint-stock company founded in 1711, created as a public-private partnership to consolidate and reduce the cost of national debt. The company was also granted a monopoly to trade with South America, hence its name. At the time it was created, Britain was involved in the War of the Spanish Succession and Spain controlled South America. There was no realistic prospect that trade would take place and the company never realised any significant profit from its monopoly. Company stock rose greatly in value as it expanded its operations dealing in government debt, peaking in 1720 before collapsing to little above its original flotation price; the economic bubble became known as the South Sea Bubble» (Wikipedia).
Price € 41.00 CHF 39.00

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