Who assumed the De Beers chairmanship and formed the CSO after the Great Depression?

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Multiple Choice

Who assumed the De Beers chairmanship and formed the CSO after the Great Depression?

Explanation:
After the Great Depression, leadership and strategy at De Beers shifted to Ernest Oppenheimer, who became chairman in 1929. He responded to the market crisis by creating the Central Selling Organization to centralize the sale and distribution of rough diamonds, effectively stabilizing prices and securing demand. This move established a unified market control that defined De Beers’ operations for decades. Cecil Rhodes founded De Beers long earlier, Nicky Oppenheimer came into leadership much later, and Isaac Wolf was not the figure known for forming the CSO.

After the Great Depression, leadership and strategy at De Beers shifted to Ernest Oppenheimer, who became chairman in 1929. He responded to the market crisis by creating the Central Selling Organization to centralize the sale and distribution of rough diamonds, effectively stabilizing prices and securing demand. This move established a unified market control that defined De Beers’ operations for decades. Cecil Rhodes founded De Beers long earlier, Nicky Oppenheimer came into leadership much later, and Isaac Wolf was not the figure known for forming the CSO.

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