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What Caused the high level of unemployment in the interwar period in Britain? Could the government have done more to cure the problem?
The interwar period from 1919 to 1939 was a time of turmoil and hardship throughout Britain. The first world war tested the economy at a time when Britain's economic strength continued to decline in the face of other emerging powers such as the USA and Germany. Unemployment was rife throughout this period, remaining above 10% for over fifteen years.
Generally seen as one of the major factors was structural unemployment, which came about largely through the decline of the older staple industries such as textiles, coal and ship building. These industries experienced a fall in demand as the f…
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- What Caused the high level of unemployment in the interwar period in Britain? Could the government have done more to cure the problem?
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