Izzy Notes Flashcards
What was the rate of unemployment in 1921?
11.3%
What was the Unemployment Insurance Act?
Dole system - 39 weeks of unemployment benefit
What was the 1919 Housing and Town Planning Act?
subsidies to build 500,000 new houses. Falls through due to the weakness of the government
How many houses were built overall through Housing Acts?
1.1 million
What did the Cunliffe Committee report in 1918?
Return to the gold standard
By how much was public expenditure cut in 1920?
75%
How much was the Geddes Axe initially?
£87million, reduced down to £52 million
Who agitated for the retraction of the state?
In 1921 the Anti-Waste League was formed by Lord Rothermere to campaign against what they considered wasteful government expenditure, and three of its candidates won by-elections from government supporters between February and June 1921
What did Baldwin succeed in negotiating by 1923?
£34 million p.a. debt repayment to the US. 40% of government spending.
When was the Gold Standard returned to?
1925, at $4.86
What techniques was the UK market slow to adopt?
Fordism, consumer credit, eliminating surplus capital, structured management.
What emerged in the UK?
North/South divide
What do McKibbin and Jarvis argue about the nature of conservative appeal?
Conservatives learnt to appeal to urban, industrial workers by arguing that Labour was a sectional, special-interest party – governing in the interests of miners, the poor and the unemployed – and thereby against the interests of the ordinary ‘public’
How did franchise change?
7.7m to 21.4m
What do Thackary and Jarvis contend?
Working class broken down from a homogenous mass