What did the government do to get industry going again

HideShow resource information
View mindmap
  • What did the government do to get industry going again after the Depression?
    • The National Government tired to help the old industries by encouraging amalgamation and rationalisation
      • rationalisation meant reducing competition by closing down smaller and less profitable companies.
      • These policies were followed in cotton, coal, shipbuilding, and iron and steel.
        • The new large companies were given governments grants to help them find work.
    • Special Areas Act 1934
      • Offered grants to companies that would move to the worst hit areas of unemployment
        • But only £2,000,000 was offered
          • Unemployment only came down slowly in those areas
    • Marketing Boards were set up
      • Guaranteed minimum prices for produce and to stabilise production.
        • Wheat Act 1932
        • Milk Marketing Board 1933

Comments

No comments have yet been made

Similar History resources:

See all History resources »See all Britain, 1906 - 1951 resources »