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Great depression australia essay


great depression australia essay

taught many important lessons which was apart of the shaping of Australia's character. This involved political organisation in the main, but others took more drastic action to organise in a paramilitary way. Lyons pursued an orthodox fiscal policy, favouring the deflationary economic measures of the Premiers' Plan, and refused to accept NSW Premier Jack Lang's proposals to default on overseas debt repayments. New South Wales Premier Jack Lang rejected the deflationary philosophy of the Premiers Plan and proposed to cease payments on interest on debts to Britain.

State governments maintained some public works projects, though many reverted to food relief rather than the provision of real work for the unemployed. Another Labor grouping, under Tasmanian Joseph Lyons, joined the conservative opposition, which was reforming itself into a new political force. The cause of the Great Depression is debatable however it is acknowledged by many that it was the Wall St, New York Stock Exchange, crash which signalled the recession many countries faced into the depression. It disrupted and curtailed working lives. The Prime Minister and all other state Premiers refused. Some of the well-known shanty towns were Happy Valley at Le Perouse and Brighton - le - Sands. Unemployment reached a record high of around 30 in 1932, 1 2 3 and gross domestic product declined by 1931.

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Paul Kelly "100 years, The Australian Story" ABC Books 2001 Retro Active Series 2 by Maureen Anderson, Anne Low, Jeffery Conroy and Ian Keese "Timelines of the Great Depression". 15 The Premiers and Prime Minister Scullin agreed to this Melbourne Plan, which would go on intro dissertation franais to form the basis of the Premiers' Plan. 14 In August 1930, Scullin invited Sir Otto Niemeyer of the Bank of England to come to Australia to advise on economic policy. 25 The rising star's world-beating cricketing exploits were to provide much needed joy to Australians through the emerging Great Depression and Post World War One recovery. However, men applying for the susso felt humiliated as they had to queue for hours and suffer the indignity of being questions about private affairs. Curtin and Chifley, who often used the spectre of another depression in their campaign rhetoric, utilised emergency wartime powers to introduce a command economy in Australia based on Keynesian principles. For many years the bitter experience of living in canvas tents, moving from one town to another or suffering police brutality or community ostracism was the raw material that fed peoples desire for more fundamental change in the structures of the economy and of governance. Oral testimony is often used by historians as the qualitative counterpoint to quantitative economic measurement. From the outset the government was buffeted by the effects of the global economic crisis. In short, this agreement later known as the Premiers Plan enacted a rapid and determined cut to government spending. Soup kitchens and charity groups made brave attempts to feed the many starving and destitute.



great depression australia essay

The Great Depr ession began in October of 1929 and didn t end until the late 1930s.
The Great Depression impacted on Australia and its population poli tically.
Essay by applestarz, Junior High, 9th grade, A, October 2008.

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