The National Government, formed In 1931 by Ramsey Macdonald to tackle the economic problems that Britain was undergoing at the time can be seen to be a success in many ways, but equally in many ways a failure. This essay attempts to recognize and elaborate upon those successes and shortcomings, and ultimately come to a conclusion on how successful the National Government were overall.
Firstly, we can look statistically at the impact the three National Governments had on – 1939, this clearly shows a positive impact that the National Governments had on the decline. On the other hand however, if we look at the global economic status along this timeline we can see virtually the same pattern of unemployment; sharply falling over the seven year period, and so we can suggest that the fall of unemployment was not as a result of the success of the National Government, but as a result of global economic recovery.
Although this Is a valid argument, many rest their reasoning for the fall of unemployment and therefore the success of the National Government on the rearmament scheme put in place in order to prepare for combat against fascist movements rising in central Europe. The rearmament scheme was an attempt to manufacture arms and Meltzer as quickly as possible, and therefore created many lobs for the large population of unemployed people In the UK at the time.
Despite the seemingly overwhelming success of the National Government on the economy in the logic of rearmament, we can make the point that rearmament was not a policy intended at all to tackle the economic problems Britain was facing, and instead simply served as a measure taken to protect the country from foreign Invasion.
Because of this, it can be argued that rearmament does not count as a success of the National Government In tackling the economic Issues Britain was facing, as any government in power at that time would have been forced to implement the policy, and so again the figures of unemployment would have dropped regardless of who or hat governed Britain at that time. Following from rearmament, we can look at other policies the National Government implemented In order to tackle the economic problems Britain was facing. Ramsey Increased the exportation of goods from the I-J and therefore brought more money into Britain.
Just a year before, in 1932 under the same government, Chancellor of the Exchequer Unveiled Chamberlain introduced the Import Duties bill to the House of Commons, this was passed and came into operation by the first of march of the same ear, and introduced a general tariff of 10% on all imports except foodstuffs and raw materials, encouraging the production and manufacture of British products for arthritis people, meaning less money going out of the country and making Britain more competitive in the global market.
Finally, the 1934 Special Areas act (also amended in 1937, extending the act) provided aid to the areas of Britain which had the highest unemployment rates in the sass (such as South Wales, Dynasties, Cumberland and outworn Scotland) by giving to the local authorities to spend on improving general local economy and creating Jobs.