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The Great Depression
Beginning of essay
of the 1920’s and 1930’s has had a strong and long lasting effect all over the world. It ruined the strong economies and destroyed the smaller ones. Every government had its own opinion of what and how to get itself out of this crisis. As the struggle of the depression kept on growing Great Bri ....
Middle of essay
.... leaders were forced to keep wages down (this made exports cheaper but precipitated the General strike of 1926) and to raise interest rates (this restored value to the British pound, but choked off borrowing).”
MacDonald suggested public works for temporary relief for unemployment. This was just a start, as the goal was to return the labour back into its normal industry. Other options, which were thought of, as a problem, which if solved, would alleviate some of the problem brought on by .... |
| Number of words: 1605 |
Approximate pages: 6 |
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