Political development 1929-39
- Created by: victoriaclay98
- Created on: 15-06-17 16:20
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- Political developments 1929-139
- 1929 Labour party
- 2nd labour party started out on high hopes, clearly a major player in Britians two-party system. Ramsey Macdonald believed he now had change to remove any doubts in the minds of the votes help to gain majority.
- boosted by dip in unemployment
- Domestic Policies
- Housing act- new slum clearance scheme
- Coal mine Act, reduce bitterness caused by general strike, reduced hours
- Unemployment benefits were also increased
- Policies were soon put aside due to the wall street crash in USAs stock markets
- Response to economic crisis
- the escalating unemployment figures put the new party in a hyde dilemma as Mcdonald had no idea on how to tackle unemployment
- Mcdonald needed to balance the budget but also labours needs were in the needs of the people and lose of money was going through unenloyment benefits
- Labour were divided with how to deal with the economic crisis as
- snowdon accepted the balance of the budgets and maintaining the gold standard
- Mosley on the other hand called for an expansionary government (policies through government loans)- putting working mens needs first.
- Mcdonald not convinced this idea wouldn't work and such radical measures may put doubt on British economy and create even more unemployment
- May committees report- predicted a massive budget deficit if government cuts weren't made, deepened the finial crisis drawing further attention to British problems
- Caused cabinet to be bitterly divided putting more pressure eon the Labour cabinet and when vote was approved the split became so big that Macdonald resigned
- the escalating unemployment figures put the new party in a hyde dilemma as Mcdonald had no idea on how to tackle unemployment
- 1929 Labour party
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