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80th Anniversary Commemorative Book - Singapore Manufacturing ...

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Prelude:The FoundingThe Great Depression of 1929 – the longest, most widespreadand deepest depression of the 20 th century – struck <strong>Singapore</strong>hard. The dominant tin and rubber industries reeled from theeconomic aftershock. The British Colonial Government decidedthat it had to help small local businesses grow, and encouragedthe setting up of the <strong>Singapore</strong> Manufacturers’ Association.24 Prelude: The Founding

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