Problems of Industrial Readjustment in the United States ..
The book Problems of Industrial Readjustment in the United States .. was written by author National Industrial Conference Board Here you can read free online of Problems of Industrial Readjustment in the United States .. book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Problems of Industrial Readjustment in the United States .. a good or bad book?
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Whether the period of such unemployment will be of brief duration or whether an extended period of depression is ahead is the unknown factor in the industrial situation. Already a start has been made in the way of price adjustment. Copper, for instance, is now quoted sub- stantially below the official war price in effect in 1918. Steel prices have undergone considerable downward re- vision, as have wholesale quotations for cotton goods. The same is true of wool and woolens. A leading manu- fact...urer of radiators early in January announced a re- 22 duction of 25% in price. Several large automobile com- panies have cut off a large part of the war advance in the price of automobiles. Similar reductions are in progress in other industries. Every revision of this sort obviously tends to draw out reserve orders. More recently, substantial reductions in food prices have taken place and further deplines are in prospect. Women in Industry A further labor factor to come up for consideration in the readjustment period is the dilution of labor that took place during the war as a result of the increase in the number of women workers.
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