Warning: Use of undefined constant referer - assumed 'referer' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 102

Warning: Use of undefined constant host - assumed 'host' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 105

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 106

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 109
Economic Recovery During The 1 - Example Papers

Economic Recovery During The 1


During the 1920`s many economic problems occurred in Britain. However the main problems did not occur until 1929 when the Wall Street Crash occurred. The Wall Street Crash involved share prices falling to about 1/4 or even less than what they were bought for. This essay will examine how Britain was affected during the 1930`s and will look at the reforms introduced by the National Government. This will be done by examining four areas namely Depression, Labours Response, National Governments Response and other reasons for recovery. By examining these four areas it will hopefully become evident whether or not the reforms introduced by the National Government contributed to economic ...

Want to read the rest of this paper?
Join Essayworld today to view this entire essay
and over 50,000 other term papers

steal and shipbuilding were based. Due to demand for trade in these areas being low many of these industries had to lay off their workforce or even close down. Due to these redundancies and closures the levels of unemployment rose. Areas in Britain which were drastically affected by these closures were Clydeside, South Wales, the North East of England and Northern Ireland. During this time of high unemployment figures peaked at 3 million. This level of unemployment stayed the same for a period of three years.
Overall it can be seen that depression occurred world wide and that full economic recovery was going to be hard to achieve. It can also be seen that it was going to take a long time to achieve full economic recovery especially in areas which relied on traditional industries.
The first party to try and tackle the economic problems was the Labour party led by Ramsey McDonald. Labours approach to tackling the economic problems was to follow the traditional line of the classical ...

Get instant access to over 50,000 essays.
Write better papers. Get better grades.


Already a member? Login

took the wrong direction when trying to tackle the problems. The split of the labour party showed that lots of people had different ideas on how to combat the economic problems.

As a result of the labour party splitting a National Coalition Government was formed. This party consisted of the whole Conservative party and a minority of the Labour party. The coalition party was led by the ex labour prime minister Ramsey McDonald. The National Government continued on the same line as the labour party which was to use laissez faire and balance the budget. The first thing they did was to introduce the proposals of the May Committee which meant that Means Testing was introduced and benefits ...

Succeed in your coursework without stepping into a library.
Get access to a growing library of notes, book reports,
and research papers in 2 minutes or less.


CITE THIS PAGE:

Economic Recovery During The 1. (2005, April 22). Retrieved December 23, 2024, from http://www.essayworld.com/essays/Economic-Recovery-During-The-1/25740
"Economic Recovery During The 1." Essayworld.com. Essayworld.com, 22 Apr. 2005. Web. 23 Dec. 2024. <http://www.essayworld.com/essays/Economic-Recovery-During-The-1/25740>
"Economic Recovery During The 1." Essayworld.com. April 22, 2005. Accessed December 23, 2024. http://www.essayworld.com/essays/Economic-Recovery-During-The-1/25740.
"Economic Recovery During The 1." Essayworld.com. April 22, 2005. Accessed December 23, 2024. http://www.essayworld.com/essays/Economic-Recovery-During-The-1/25740.
JOIN NOW
Join today and get instant access to this and 50,000+ other essays


PAPER DETAILS
Added: 4/22/2005 04:25:16 AM
Category: World History
Type: Premium Paper
Words: 1497
Pages: 6

Save | Report

SHARE THIS PAPER

SAVED ESSAYS
Save and find your favorite essays easier

SIMILAR ESSAYS
» How the economic recession has ...
» Great Depression in the United ...
» Stalin And The Soviet Union
» China In The 20th Century
» The Three Stages Of Japan’s Eco...
» Causes Of The Panic Of 1907
» The Production Histry And Cons
» Australia And The Depression
» BICRA Analysis of The UK
» Great Depression Timeline
Copyright | Cancel | Contact Us

Copyright © 2024 Essayworld. All rights reserved