HIS 1111 Lecture Notes - Great Depression, Government Debt
Document Summary
Genealogy question: mention typos, who wrote it, got it from where etc. Great depression represented the breakdown of the capitalist system. During and after the war, experimentation starts to take place. Post wwii, ordinary people are in a revolutionary mood, this is significant as ordinary people are fundamentally conservative. Reorganization of wealth, social security, government intervention in the economy- control of certain key sectors in the economy, Welfare is a moral principle, during depression there was a social breakdown, it was not fair that able willing people cannot feed their families. Labour party in britain campaigned on a universal health care program. Huge increase in the university system in britain, to provide education for the returning soldiers and other working class individuals. Social democracy every welfare state had different aspects designed to conform to that states cultural preferences. The nordic states are more socialistic than other european areas. Welfare expansion followed the boom of the economy in the 1960s.