Unit 1: PS3 Flashcards
what was unemployment at in 1929
1.2 million
what was the housing act and when was it
1930
granted authorities power of slum clearance
when was the unemployment insurance act and what did it do
1930
increase unemployment insurance for those “seeking work”
what was unemployment at in 1931
2.7 million
when was the coal mines act and what did it do
1931
introduced national production regulation with minimum prices and quotas
what was a coal miners working day limited to
7.5 hours
why was the 1931 national government formed
Labour was unable to deal with the impact of the great depression with the economic issues
what was the fall in world trade between 1929 and 1932
$6.9 billion to $2.7 billion
did Macdonald betray the labour party during his second ministry
it was unsocialist to have an unelected government
he was “corrupted by the establishment”
but there was an unprecedented crisis and he had good intentions