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With the end of World War One came to an end of emphasising on social reform at a federal level. The Bruce-Page nationalist-country party government was seen to have increased its concerns with the economic value of Australia.

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Introduction

With the end of World War One came to an end of emphasising on social reform at a federal level. The Bruce-Page nationalist-country party government was seen to have increased its concerns with the economic value of Australia. This was to be a changing economic circumstance compared to that of the Hughes regime in the years before. This changing factor was heard in an enthusiastic speech delivered by Prime Minister Bruce, that if Australia's great natural resources were brought into full development this 'would solve most of the economic problems that face the world'. This new imperial policy was known as 'Men, Money, Market'. The nationalist-Country Party erected such a proposal of economic plans to deal with immigration, markets, both primary and secondary, financial reforms and foreign affairs. The commonwealth now had a new role with dealing with immigration. Once left to the states was now a federal role. ...read more.

Middle

Evaluation of the slogan 'Men, Money, Markets' sees that alone Men and Money could not expand the industry of the Markets. The Bruce-Page government realised that there was no point in increasing farm output if there was no markets to sell to. The nationalist-country party then had to find new markets to improve marketing methods. New markets were opened up in North America and Asia, although Britain was still the bulk buying of Australian produce. Marketing boards were set up to promote goods such as dried fruits, wine, dairy and canned fruits. In 1924 The Export Guarantee Act was set up to authorise the government to guarantee to the marketing boards up to 80% of market value and assisted marketing products with a �500 000 injection into the system. In recent years before the Country Party was in power, they had heavily opposed the high tariffs, but authorised the belief of protection all round for both primary and secondary industry. ...read more.

Conclusion

In the twenties, several American and British companies set up secondary companies in Australia. Examples include General Motors and Ford, which were both a subset from America, who created cars and General Electric (also an American company), who created electric household appliances. Another evaluation of Australian economic shaping was evident in the rate and degree to which Australia was growing within the cities and outer suburbs. This wasn't surprising though, considering that the manufacturing business was primarily based in the cities. But by the late 1920's, manufacturing production had begun to slow. Although it had reached a third of Australia's total assembly it had come to an end, ceasing to expand. The Bruce-Page, Nationalist-Country Party coalition government, was seen to represent the agriculture aspect of society, and so it is seen in many of its decisions with government authority to protect the lively hood of so many primary and secondary producers. History E306 Naomi Fuller Economicevaluation1920's.doc 1/2 3/05/2007 ...read more.

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