Nurul Hanisah Kamarul Zaman (18499129) Week 10
HIST 103 101
War is Not the Only Key to a Nation’s Stability
After World War I broke in 1921, the participating nations learned the truth from a hard way;
the fact that war is not the panacea for economic instability. The period between 1921 to 1941
witnessed a number of events that had global impacts to the economy with the Great Depression
being one of them. Motivated by the economic factors and the losses incurred during WWI, these
factors are arguably Neville Chamberlain’s reasons for choosing to make the policy of
appeasement during the Munich Conference in 1938.
Chamberlain’s approach in dealing with foreign relations was understandably pragmatic. If
the British were to wage another war with the Germans, they will certainly be at disadvantage
since Britain was still in the process to recover its economy back to the pre-WWI state. From an
economic perspective, the opportunity cost lost will be higher if the British anticipated another
war. Increasing government spending to support the military mission was not the solution to help
Britain’s to regain its economic position in the global market.
Chamberlain’s approach resonates with John M. Keynes’view that asserts the need for
the nations to help the losing countries to stabilize their economic situation. By doing so, this
will help the losing countries to increase its production. The net result can be seen from the trade
market among different countries resulting from the production. This inter-dependency is
important as it helps countries to be able to meet their domestic demands besides generating
income for them by trading.
In conclusion, the strategy implemented by Chamberlain might have been criticized as it
seems to show Britain as a weak country. However, his approach aims to benefit the British in
the long run whereby the effect is not immediate. To reiterate, for a nation to prosper, it is not
necessary for them to wage wars against each other and WWI is a foolproof evidence of this
notion. Nurul Hanisah Kamarul Zaman (18499129) Week 10
HIST 103 101
- What motivates Chamberlain to seek an agreement with Hitler in 1938? How might the
First World War have influenced his thoughts?
It is believed that Chamberlain’s decision to seek agreement with Hitler in 1938 was
resulted from the casualties caused in World War I.
The victors and losers alike had to face a great deal of the post-WWI effect.
Preventing another form of war seems to be rational/legit reason for Neville
Chamberlain to make policy that is seen as weak for some other people.
In fact, this is in line with Keynes’ view that the collective effort to rebuild the
European’s economies is necessary.
By doing so, it will help the trade market and the net result will be the benefits gained
from the trade.
- Compare Japan’s ambition in the 1930s with those of the European colonial powers - in
what ways is right-wing Japanese expansio