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The text is clearly illustrated with tables, graphs and diagrams, leading the student through key topics. 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Professor Charles H. Feinstein offers an authoritative survey of five hundred years of South African economic history from the years preceding European settlements in 1652 through to the post-Apartheid era. He charts the early phase of slow growth, and then the transformation of the economy as a result of the discovery of diamonds and gold in the 1870s, followed by the rapid rise of industry in the wartime years. The final chapters cover the introduction of apartheid after 1948, and its consequences for economic performance. Special attention is given to the processes by which the black population were deprived of their land, and to the methods by which they were induced to supply labour for white farms, mines and factories. 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In recent years the provision of capital in the British industrial revolution has received renewed attention. This interest arises out of attempts to trace the course and explain the progress of the pioneer industrializing country; to assess the reasons for Britain's subsequent loss of economic pre-eminence; and to explain the process of industrialization in a general way, in particular on behalf of countries which are in the midst of this process today.  The debate has been largely theoretical because of the lack of reliable data for the period prior to 1850, and up-to-date estimates for the period thereafter. This book seeks to remedy this lack. Part I, based largely on archival and other primary sources, contains detailed studies of the amount of capital invested in the main sectors of the economy (coal mining, agriculture, textiles, roads and waterways) from 1750-1850. 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Placing the Great Depression of 1929-33 and the associated financial crisis at the center of the narrative, the authors comprehensively examined the lead-up to and consequences of the depression and recovery. Peter Temin and Gianni Toniolo (their former co-author, Charles H. Feinstein, has died) now expand their scope to include the entire world economy, and have created a new edition: The World Economy between the Wars. New material focuses on the structure of the world economy in the 1920s, including a special focus on the United States, Japan, and Latin America. In addition, chapters that discuss the post-depression recovery now cover The New Deal and recovery in general in the United States and Japan. This new edition is a necessary update, and invaluable resource for those who desire an overview of the inter-war area beyond the usual discussion of the 1929 stock market crash. 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