Body & Soul5 mins ago
Industry in Britain
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How did the goverment help British Industry in the 1930's?
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For more on marking an answer as the "Best Answer", please visit our FAQ.In the UK, the Labour government of Ramsay MacDonald, and later the Conservative-dominated coalition "National Government", responded to the depression by imposing tariffs on all imports from outside the British Empire (arguably worsening the global situation), by cutting public spending, and by abandoning the Gold Standard which reduced the cost of British exports (see Great Depression in the United Kingdom for more info).