Second Labour Government (1929-1931) Flashcards

1
Q

When did they come to power?

A

1929.

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2
Q

What was the unemployment rate in 1929?

A

Over 1 million.

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3
Q

What was the housing act that Labour proposed?

A

Greenwoods Housing Act 1930.

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4
Q

What did the housing act do?

A

Offer subsidies for houses which cleared 245,000 slums replaced with 700,000 houses.

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5
Q

What did the Land Utilisation Act do?

A

Gives Labour powers to purchase land anywhere in the UK.

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6
Q

What did the Agricultural Marketing Act do?

A

Established marketing boards to help producers.

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7
Q

What did the Coal Mines Act do?

A

Reduced the miners days from 8 hours to 7.5 hours.

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8
Q

What did the government initially do to unemployment benefits?

A

Initially they increased the benefit.

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9
Q

What was the Education Bill and why did it fail?

A

To raise the school leaving age to 15 - and because the Liberal party didn’t support the bill.

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10
Q

What did the government decide to do to the Trades Disputes Act of 1927 and why did this fail?

A

They attempted to repeal the act but failed due to lack of Liberal support.

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11
Q

What happened in October 1927?

A

The Wall Street Crash in America.

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12
Q

How did the Wall Street Crash affect Britain?

A

The value of British exports was halved and unemployment rose.

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13
Q

What was the unemployment rate in 1931?

A

Nearly 3 million.

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14
Q

What did MacDonald set up in 1930 to help the government?

A

The Economic Advisory Council to help improve the situation.

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15
Q

Who was Phillip Snowden?

A

The Chancellor of the Exchequer.

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16
Q

What did Philip Snowden feel the government should do to deal with the crisis?

A

He felt the government should be balancing the budget.

17
Q

What was the Labour party torn about?

A

Whether to cut unemployment benefit.

18
Q

Who was Oswald Moseley?

A

A junior minister.

19
Q

What did Oswald Moseley propose?

A

He wanted to set up public working schemes and social reforms through government loads.

20
Q

Why did Moseley resign in May 1930?

A

Because his “Moseley’s Memorandum” was rejected.

21
Q

What happened in July 1931?

A

The Major European Banking Crisis spread to Britain.

22
Q

What was the May Committee?

A

It was set up to try and consider how the government could do its expenditure.

23
Q

What did the May Committee report suggest?

A

There would be a major budget deficit of £120 million by 1932. Also, it suggested 20% unemployment benefit cuts and £96 million cuts in public expenditure.

24
Q

How did the report affect the financial crisis?

A

It drew attention to the British alleged problems. Nearly 1/4 of British reserves dissapeared and ministers were called for emergency meetings.