Economic Determinism in
the History of New Zealand
Condliffe's New Zealand in
the Making (1930) is a classic economic history. To Condliffe,
the shaping influences on New Zealand's development were those of
international trade: "To state this coincidence of New Zealand
development with the movements of the general level of world-prices is to do
no more than draw attention to the fact that progress in New Zealand is
largely dependent upon economic conditions in the outside world, and
especially in her chief market, Great Britain. . . . The organisation
of her economic life, therefore, is most conveniently and profitably studied
in the setting provided by her place in a world-economy." (And Condliffe implies that other historical factors—social,
political, and so on—are dependent on the economic factors.)
Condliffe's Periods in New Zealand
History
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Period:
Beginning Date
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Economic
Causes
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NZ
Developments
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Settlement: 1840
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Attempt at self-sufficient colonization and farming
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Economic distress, unemployment, beginnings of pastoralism
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Gold Discoveries:
1851
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Discoveries of gold in OZ and NZ, opening markets close
at hand
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Immigration, influx of capital, prosperity for
pastoralists and farmers
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Borrowing, Boom,
and Depression: 1870
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Germany
adopts gold standard, prompting falls in prices worldwide
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Vogel program of public works creates artificial boom,
followed by depression, with political sentiment building toward Liberal-Labour reforms
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Prosperity and
Rising Prices: 1895
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Gold discoveries in Transvaal
prompt rise in prices worldwide
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Exploitation of refrigeration for development of meat
and dairy industries, land boom, population growth
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Falling Prices:
1921
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Fluctuations, and general downward spiral
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Agricultural depression, moves toward agrarian
socialism, unemployment, strains on public finance
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Home Page HIST 381
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