The depression of 1929 to 1935 was a particularly severe one, resulting primarily from the Wall Street Crash, however there were many other contributory factors. During this period two governments came in to power. The Labour government 1929-3, led by Ramsey Macdonald and the national government 1931-5, which consisted of Conservative and Liberals led by Macdonald, in a coalition. The policies adopted by the parties were very different despite having the same leader. A Laissez Faire policy …
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showed last 75 words of 1489 total
…thought out and helped to boost morale and inject confidence back in to a fallen economy. Overall I believe that Labour worsened the problem rather than solving it. However the National Government tackled the problem as well as they could have given the lack of funding and were successful to the best of their ability. 1502 words Bibliography 1*Treatice on Money (London: MacMillan, 1930) 2*The World in Depression, 1929-1939,Charles P. Kindleberger (University of California Press -1986