The Industrial Transformation of South Africa, 1933–61

Stuart Jones and André Müller
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Stuart Jones: University of the Witwatersrand
André Müller: University of Port Elizabeth

Chapter 12 in The South African Economy, 1910–90, 1992, pp 167-186 from Palgrave Macmillan

Abstract: Abstract After 1932 South Africa experienced a period of sustained and rapid industrialisation. In each of the next three decades industrial output nearly doubled. In 1960 the physical volume of manufacturing output was six times as large as in 1930. (The index, based on 1930 = 100, stood at 603 in 1960). This meant that industry became a major employer and creator of national income. The number of industrial workers more than quadrupled, from 158 000 in 1930 to 653 000 in 1960. In the latter year industry provided employment to about 12 per cent of the labour force, of whom about 53 per cent were Blacks.

Keywords: Engineering Industry; Rapid Economic Growth; Dividend Policy; Secondary Industry; White Worker (search for similar items in EconPapers)
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-22031-1_12

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DOI: 10.1007/978-1-349-22031-1_12

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