More Issues for the Second Republic - ECONOMIC + SOCIAL ISSUES Flashcards
What was happening globally when 2nd Republic came to power?
Great Depression of Autumn 1929
Unemployment levels 1931 vs. 1933?
1931 - 400,000
1933 - 600,000
What else in Spain was affected by GD?
International trade + foreign investment
Stocks + shares change in worth 1935 compared to 1929?
1935 stocks + shares only worth 63% of 1929 value
Industrial output in 1935 compared to 1929?
1935 industrial output only 77% of the 1929 figure
What increased the effects of the GD in spain?
increased by existing high levels of poverty + hardship
+ also limited infrastructure - poor transport network, inadequate public buildings, weak levels of industrial output
What was Spain’s predominately rural economy like in early 1930’s?
weak condition
- ppl struggling to make a living bc of small plots of land they worked on
- workers had uncertain future employment