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How Successfully did Governments Deal with the Depression? Since the end of the World War, there had been a major downturn in the British economy, in which government promises of a better society, where there would be a higher standard of living and security of employment had not been fulfilled. A great slump, in which millions were unemployed, was left to work itself out. I will be discussing, in this essay, how successfully the governments in this period, dealt with this depression. This will be achieved through confrontation and analysis of polices and actions, whilst taking into account the varied viewpoints of the economist John Maynard Keynes, whose ideas came to dominate economic policy after the Second World War. The First World War significantly weakened the British economy, and the productivity rate was falling rapidly behind that of other nations; there was too much reliance on the traditional industries of cotton,...

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