One reason for the end of the postwar economic boom in the 1970s was a. the entry of large numbers of women in the work force. b. the Arab oil embargo. c. a decline in technological innovation. d. a lack of government safety and health regulations. e. a drastic decline in worker productivity.
The British felt they had the right to search for deserters on any ship, anywhere in the ocean. Sometimes British generals made mistakes and American citizens would be wrongly accused of deserting. Many times it would take years for the mistake to be corrected. To try to influence the European economy, President Jefferson passed the Embargo Act in 1807. It stopped almost every American vessel from sailing and closed trade with Europe; however, instead of disturbing Britain’s economy, the act adversely affected every region of the U.S., and its economy stalled.
How far has the conservative party abandoned Thatcherism? In the late 1970’s politicians of all opinions were faced with a crisis. The economy has descended into a major slump, with high unemployment, inflation, and lack of growth all at the same time. Public sector debts were reaching ever higher and there was great industrial unrest. The Labour party’s response to this was to propose more radical socialist plans, with greater intervention by the state.
Trolley service was completely cut by a sympathy strike a short time after the negotiations began. The power strike also caused other strikes to follow; like when the city’s eight major hotels to close when hotel restaurant employees walked off their jobs to enforce wage demands. The Pittsburgh power strike of 1946 was a just one of the many strike during 1946. The United States was at a time where it was just coming out of the war, and workers went one strike because they knew they could get more money out of their employers. Work Cited
Known also as Black Tuesday, October 29th left stockholders shattered with recorded losses reaching $40 billion dollars (Kelly, n.d.). Many banks and financial institutions began collapsing which led to irretrievable, uninsured deposits and savings. Fearing further loss, people began spending less which led to a decrease in production and an increase in unemployment. As companies began to fail, the government devised the Smoot-Hawley Tariff in order to protect American businesses. The Tariff placed high taxes on imports leading to a decline in international trade.
Source 3 questions ‘whether the country was yet prepared to accept a woman’ however, it is likely that this helped her case, as men had failed Britain for too long. Thatcher provided someone for the British housewives, who had struggled through the winter of discontent, to vote for, and a majority of her votes did indeed come from women. As said in Source 3, Thatcher saw ‘her opportunity’ and called a vote of no confidence as she anticipated his defeat and consequential loss in the following general election; Thatcher ‘knew she was going to win’ (Source 1). The unexpectedly high voter turnout probably also aided her win, even if she did only win ‘43% of the vote’, it allowed her to ‘deliver a parliamentary majority’ (Source 3). Source 1 mentions her election manifesto, which she wrote herself.
Explain why the TUC called a general strike in 1926? Between 1918 and 1923 there were many economic problems facing Britain, which led to the miners not being happy with working pay and conditions. The miners formed a triple alliance with the transport workers and railway men. This means if the miners went on strike, the other 2 would also strike, causing a mass disruption to Britain. The first signs of disruption that led to the general strike was the fact that other countries such as Poland were becoming a more predominant exporter of coal, and the only way to stop Britain’s coal industry was to higher the price of coal, extend miners working hours and reduce pay.
These are most important reasons h resulted in the TUC calling a general strike in 1926. An important reasonch year due to the awful and dangerous working conditions.This infuriated the miner unions and as a result a general strike was planned for May which had the TUC's full support Political reasons: Dawes Plan dramatically reduced the amount of money Britain made exporting coal. In 1925 when the plan was put into action Germany were enabled to pay off their outstanding debts from WWI by exporting “free coal” to other EU nations as a way to pay off their debt. As a result the British mining industry was hit heavily financially and wage reductions were reduced which angered the mine
At the party conference he referred to Major and Norman Lamont as being the Laurel and Hardy of British politics. This echoed his attacks on Major's government which he had made before the 1992 election while still shadow chancellor, most memorably when he attacked Conservative plans for cutting income tax to 20% as "irresponsible"[2] and joked at a Labour Party rally in Sheffield that the Conservatives would have a box office disaster with "Honey, I Shrunk the Economy" - in reference to the recent Disney motion picture Honey, I Shrunk the Kids - mocking the recession which was plaguing the British economy at the
Their plan was to use the money they were going to receive from Germany and Austria, but the Central powers never followed through. Financial collapse seemed everywhere, spreading like wildfire. In May 1931, the largest bank in Austria even collapsed. It was evident that the Depression had taken its toll. In 1930 President Roosevelt won election and started the New deal in hopes of turning American strife around.