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THE WORLD OF INDUSTRY

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A new series of monthly talks on industrial affairs
The Conditions of Investment by S. P. Chambers, C.B., C.I.E.
Deputy Chairman of Imperial Chemical Industries, Ltd.
How does a Board of Directors decide whether or not to invest in some new product or process? What probable rate of profit is demanded? How much weight is attached to the current rate of interest? The answers Mr. Chambers gives to these questions have a considerable bearing both on economic theory and fiscal policy.

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S. P. Chambers, C.B., C.I.E.

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