The Rise Of Australasia

Chapter 914 - 682: Bustling Wharf

Compared to the chaotic United States, Australasia now seems much more prosperous.

Of course, this prosperity is not about the size of the economy, but about the happiness index of the People and the economic liquidity.

With the impact of infrastructure construction, Australasia is no longer short of jobs. In fact, over twenty percent of the jobs are unsaturated, needing a large number of immigrants to fill the gaps.

This undoubtedly boosted the economy—by 1927, the entertainment industry in Australasia had rapidly developed under the booming economy, and the World Cinema City built by Arthur had truly become a sacred site for World cinema.

Of course, a lot of it was due to the economic crises in other countries. During an economic crisis, the impact on the Movie industry is unparalleled.

Because People won’t use their money for food to buy movie tickets, which means cinemas nearly have no revenue, except for the visits from the wealthy.

Clearly, the wealthy won’t often go to the Cinema either, after all, they have their own work and life.

This has slowed the development of movies, and a large number of Europe and America’s film industries have quickly relocated to Australasia.@@@@

The current World Cinema City has registered over 200 Company, more than half of which are foreign film companies from Britain and the United States.

The influx of a large number of film companies has increased Australasia’s annual film output from about 150 per year five years ago to 400 per year now.

Although the approval rate for movies is only 72.5%, the number of movies released last year reached a full 290.

Aside from the patriotic films made by the government, there was a large amount of situational comedies, horror films, animations, romances, and heroism films, among others.

Because, unlike films, the cost of browsing Newspaper stands and magazine shelves is minimal, and it is also a way for people to relax and not feel too suppressed.

Compared to the expensive cost of movies, casually visiting a Newspaper stand or magazine shop is a more normal part of life for most ordinary people in Europe and America.

This has also led to the rapid development of another industry, which was born in the United States—the public library system.

According to the American Library Association’s surveys, the number of new borrowers has been growing each year since the outbreak of the economic crisis, with 1927 as a whole even exceeding 2 million.

This may seem like good news for the library industry, but the increasing borrowing needs also impose a burden on public libraries, after all, books are consumable and accidents can’t be avoided during borrowing.

But looking at those unemployed Americans who almost regard books as their life, does the library Association have the nerve to reduce their borrowing frequency?

Keep in mind, it is the unemployed American People who boldly claim that it’s the libraries that kept them from going insane or committing suicide.

If reducing their borrowing frequency leads them to madness or suicide, then the responsibility will sooner or later fall on the library Association.

With no other choice, the library Association can only grit their teeth and persist while waiting for support from the government and others.

The situation in Europe is not much different from the United States. With the constant increase of unemployed People, high-consumption industries are facing continuous contraction.

But industries like Newspapers and magazines, which cater to low-consumption entertainment, are growing steadily and expanding the global Newspaper and magazine Market in an intangible way.

In this economic downturn, Arthur has also acquired several Newspaper and media companies in Europe and America.