What Where Causes And Consequences Of The General Strike In 1926?

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Minh Pritchard        History        Margaret Hill

What Where Causes And Consequences Of The General Strike In 1926?

For a brief period after the First World War, Britain faced an economic boom. Workers were in a strong position and businesses were optimistic, believing that world demand for British goods would increase and trading would return to the success it had prior to the war. However, in 1920, Britain experienced their worst economic slump in history. This was caused by a poor performance in foreign markets due to the lack of reinvestment, modernisation in British industry and increased competition abroad, especially from the USA and Germany.

In response to this slump, the Government tried to stabilise the British economy by reintroducing the Gold Standar. Unfortunately they overestimated the value of currency by 10%, increasing the problems of an already unstable British industry. The British mining industry suffered an economic crisis in 1925. This was largely caused by the fall in prices resulting from the import of free coal from  as reparations in the . The loss of foreign markets and the fall of world commodity prices and the decline in the competitiveness of British coal in foreign markets due to the Gold Standard led to poor relations between mine owners and mine workers. When productivity fell in the mines due to lack of modernisation and reinvestment, mine owners responded by proposing a reduction in wages and an increase of hours.

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Coal mining had always been a very dangerous job. In the three years from 1922 to 1924, 597,194 miners were injured. Although coal mining created huge profits, workers received very low wages, and the conditions were very bad. The miners felt they were being treated very unfairly. Even before the First World War, miners had been campaigning for improvements in they're working conditions and there pay, as they were so bad, so after the war, miners returned to the mines with high hopes for the future. Therefore they were particularly disappointed and upset that the politicians had not done the ...

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