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 …
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showed last 75 words of 1415 total
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