How and why have historians differed in their views of the British economy in the 1930s?
How and why have historians differed in their views of the British economy in the 1930's?
Historians will always differ on points of views of all types of historical evidence. However, two main attitudes are present.
A pessimistic view which is one that represents a dull and depression Britain, and a optimist view this is one that implies that at the time the state of affairs was in fact good. Neither one of these attitudes is either totally correct or totally wrong but each gives a slightly different analysis of what the 1930's in Britain were like.
With the Wall Street, crash in October 1929 there was sure to be some impact on England. America recalled loans (from first world war) this put countries like Britain a currency crisis therefore meaning that England would be forced to leave the gold standard leaving Britain with a unstable eccommomic crisis about the value of the pound.
Historians will always differ on points of views of all types of historical evidence. However, two main attitudes are present.
A pessimistic view which is one that represents a dull and depression Britain, and a optimist view this is one that implies that at the time the state of affairs was in fact good. Neither one of these attitudes is either totally correct or totally wrong but each gives a slightly different analysis of what the 1930's in Britain were like.
With the Wall Street, crash in October 1929 there was sure to be some impact on England. America recalled loans (from first world war) this put countries like Britain a currency crisis therefore meaning that England would be forced to leave the gold standard leaving Britain with a unstable eccommomic crisis about the value of the pound.