olive oil exports decline (jan 1, 1930 – jan 1, 1932)
Description:
olive oil exports declined between 1930 and 1932 by 58 per cent, landowners attempted to survive by cutting wages. Consequently, average wages, it has been calculated, were just 5.86 pesetas a day when 7.32 pesetas were needed to survive.Added to timeline:
Date:
jan 1, 1930
jan 1, 1932
~ 2 years