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Words: | Submitted: Mon Jun 19 2006
... into an economic decline of enormous magnitude. Unsurprisingly then huge unemployment followed this economic slump. It brought with it its own vast array of different problems, social, political and economic which deserve to be recognised in their own right. What then were the major factors that led to this mass unemployment in the inter-war period? The First World War obviously had a huge impact on the economy of not just Wales but in Britain as a whole. "The war marked the end of an era. It ushered in a period during which Britain was to find it increasingly more difficult to earn her living and for some parts of the country, such as the south Wales coalfield, this implied absolute economic decline...the county [Glamorgan] was faced with the harsh reality of substantial economic depression and large scale unemployment"2. Unemployment was then the major cause for concern which arose from this ...
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