Story: Economic history

The great depression, 1932

The great depression, 1932

Although there was already some economic hardship throughout the 1920s the New Zealand economy undoubtedly deteriorated in the early 1930s. This cartoon by Gordon Minhinnick in July 1932 suggests that even wealthier people who were able to afford grand cars in the 1920s were forced to economise and use bicycles by 1932.

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New Zealand Herald
Cartoon by Gordon Edward George Minhinnick

Permission of the New Zealand Herald must be obtained before any re-use of this image.

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How to cite this page:

Brian Easton, 'Economic history - Inter-war years and the great depression', Te Ara - the Encyclopedia of New Zealand, (accessed 17 April 2024)

Story by Brian Easton, published 11 Mar 2010