Iris ryou the world responds to the crisis
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IRIS RYOU The World Responds to the Crisis PowerPoint PPT Presentation


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IRIS RYOU The World Responds to the Crisis. BRITAIN. The Depression hit Britain more severely than other countries To prevent the Depression, Britain elected multi-party coalition known as the National Government

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IRIS RYOU The World Responds to the Crisis

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Iris ryou the world responds to the crisis

IRIS RYOU The World Responds to the Crisis


Britain

BRITAIN

  • The Depression hit Britain more severely than other countries

  • To prevent the Depression, Britain elected multi-party coalition known as the National Government

  • The National Government: high protective tariffs, increased taxes, regulated the currency, lowered interest rates

  • The economy increased slowly but steady

  • By 1937: unemployment cut in half, production rose


France

FRANCE

  • More depend on its own country

  • by 1935: had one million unemployed workers

  • To prevent the Depression, France made the Popular Front

  • The Popular Front: a coalition government with moderates, Socialists, and Communists increased taxes, holidays with pay, and a 40-hour work week

  • Economy after: the unemployment remained high


Scandinavia

Have responded to the crisis successfully

Made recovery program: based on the tradition of cooperative community actiontaxed all citizens

Sweden: government sponsored lots of public work projects

SCANDINAVIA


Washington

WASHINGTON

  • Responded to the crisis by making the New Deal

  • The New Deal: a program of reform

  • Established by Franklin D. Rooseveltprovide jobs by large public works, gave financial help to business and farms

  • The recovery was very slow, but eventually the New deal reformed the economy


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