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The Conservative Party restored its credibility on economic policy with the Industrial Charter written by Rab Butler, which emphasised the importance of removing unnecessary controls, while going far beyond the laissez-faire attitude of old towards industrial social problems. Churchill was party leader, but he brought in a Party Chairman to ...
Unlike the others, the most controversial issue was nationalisation of steel, which was profitable. Economic recovery was slow, housing was in short supply, and bread was rationed along with many necessities in short supply. It was an "age of austerity". American loans and Marshall Plan grants kept the economy afloat.
Unemployment was the dominant issue of British society during the interwar years. [1] Unemployment levels rarely dipped below 1,000,000 and reached a peak of more than 3,000,000 in 1933, a figure which represented more than 20% of the working population. The unemployment rate was even higher in areas including South Wales and Liverpool. [1]
Federal tax policy was highly contentious during the war, with President Franklin D. Roosevelt opposing a conservative coalition in Congress. However, both sides agreed on the need for high taxes (along with heavy borrowing) to pay for the war: top marginal tax rates ranged from 81% to 94% for the duration of the war, and the income level subject to the highest rate was lowered from $5,000,000 ...
The Nazis were hostile to the idea of social welfare in principle, upholding instead the Social Darwinist concept that the weak and feeble should perish. [81] They condemned the welfare system of the Weimar Republic as well as private charity, accusing them of supporting people regarded as racially inferior and weak, who should have been weeded ...
The British home front during World War II covers the political, social and economic history during 1939–1945. The war was expensive and financed through high taxes, selling off assets, and accepting large amounts of Lend Lease from the US and Canada. The US provided $30 billion in munitions, while Canada also contributed aid.
The return of many black soldiers following the end of World War II led a wave of racial violence to sweep through the south in 1945-46, becoming a national issue and prompting the Truman administration to focus increasingly on civil rights.
The Beveridge Report, officially entitled Social Insurance and Allied Services (Cmd. 6404), [1] is a government report, published in November 1942, influential in the founding of the welfare state in the United Kingdom. [2]