What was the state of Britain in 1929?
- Created by: NoahRobinson
- Created on: 14-09-20 14:48
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- What was the state of Britain in 1929?
- Economic
- Gold Standard
- Post-1918 - unstable financial system
- 1925 - return to the Gold Standard
- hoped that it would increase financial stability and help economic modernisation
- 1931 - the pound is devalued against the dollar
- hoped that it would increase financial stability and help economic modernisation
- Decline of Staple Industries
- struggled with the changing markets and decreased importance
- less demand for engineering, coal and chemical industries
- post-1923 - British railway companies had not paid any dividends to shareholders
- Unemployment
- the annual average rate of unemployment had not fallen below a million since 1920
- 1926 - General Strike
- pressure to increase wages
- showed structural economic problems
- Gold Standard
- Social
- Role of Women
- 1928 - women given the vote
- changed appearance, increased masculine clothing post-1918
- structurally, women were recognised as part of the workforce for their work during the First World War
- Technological Shifts
- rise of radio, popular press and the telephone
- the population became less mobile, the majority of people walk or used a bike, few owned a car
- increased pollution and the appearance of cities changed to accommodate rising leisure wealth
- Rise in Wealth
- importance of banking and financial services increases
- the influence of the middle class decreases
- increase of leisure wealth for the elite, holiday trips to Southend or Scarborough
- Role of Women
- Political
- shift of anti-Conservative vote from the Liberals to Labour
- Post-1915 - the Liberals never held office on their own
- Labour becomes the party for the people
- the Liberal influence on the modern welfare state becomes Labour's main priority
- Conservatives seen as the 'natural power'
- backed by the strengths of the 'establishment'
- image of Baldwin typifies the Conservatives as the safe choice
- frightened by the rise of Labour and power of trade unions
- many felt the party needed to modernise
- rise of alternative ideologies
- growth of fascism, socialism and communism
- many felt in the UK, the 'Age of Socialism' had come
- shift of anti-Conservative vote from the Liberals to Labour
- Economic
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