There are similarities and differences in the strategies that the four nations use to predict a solution the depression. As a result of the depression two kinds of government emerged. In the United States and Great Britain it continued to be a liberal democracy and in Germany and Japan an authoritarian government prevailed. Great Britain, once the industrial leader had approximately two million unemployed people, with prices falling and a national deficit of one hundred and seventy million pounds plus a thirty-five million pounds in payment to the United states for support in World war I. Prime Minister Ramsey MacDonald and his government, a group called the "National Coalition Government of Conservatives, Labourites and Liberals", stated several ideas which together would cause a solution to the falling financial and industrial markets. Great Britain first....

Number Of Pages: 5

Number Of Words: 1217

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