National Government Pros and Cons
- Created by: macytrue101
- Created on: 03-01-18 20:33
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- National Government Pros and Cons
- PROS
- Ended Gold Standard
- Industrial production increases by 20%
- Unemployment decrease by 1/3 by 1939
- Ottowa Agreement places tarrifs on foriegn products, encourages people to buy british
- The special areas act offered relief to areas suffering from the depression the most.
- Depression did not last as long as Britian as it did in other countries.
- Between 1932-37 exports increased by 28% and the GDProse by 23%. Unemployment fell from 17%-8.5%
- 2.7 Million homes built, low council tax 11s. 1936 Decreases homelesness
- Increase in radio and car purchases indicates improved quality of life
- Unemployment reduced to 1.6 million 1936 due to British Rearment in response to Hitler's remilitarisation of Germany
- Ended Gold Standard
- CONS
- Ship production declines by 90%. Town of Jarrow 80% unemployed.
- Special areas act was weak, only offered 2 million to those working industry
- 80 million loaned from USA meant GB was 180% in debt compared to its GDP
- Rise of radical politcal ideals, British Union of Fascists and British communist party.
- BUF had over 50,000 members
- This was fuelled by the National Governments decision to cut public workers pay by 10% and introducing the means test to those seeking unemployment welfate.
- Invergorden mutiny, Sailors of the British Atlantic fleet mutinied in protest to cuts
- Unemployment rises to 1.8million 1938 due to failure to modernise industry.
- PROS
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