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The Second Labour Government 1929-1931
HISTORY: Key Facts for A2 Exam
19
History
Not Applicable
06/06/2011

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Cards

Term
MacDonald
Definition
Labour Leader in 1929
Term
260
Definition
Conservative MPs elected in 1929
Term
59
Definition
Liberal MPs elected in 1929
Term
288
Definition
Labour MPs elected in 1929
Term
Henderson
Definition
Foreign Secretary in May 1929, ending Baldwin's Naval building and strengthening USSR trade links
Term
The Wall Street Crash
Definition
Global Financial crisis causing large levels of unemployment. Occured in 1929
Term
1929
Definition
The Wall Street Crash
Term
European Banking Crisis
Definition
Worsened after a run on the pound in 1931.
Term
5:3
Definition
Agreed ratio of Anglo-American to Japanese ships
Term
7.5 hours
Definition
Reduced working hours for miners
Term
Moseley
Definition
Labour Chancellor of the Duchy of Lancaster, who proposed radical measures to address the economic issues. He resigned and later formed the BUF
Term
Snowden
Definition
Labour Chancellor
Term
The Moseley Memorandum
Definition
Moseley's plans to aid the economy with tariffs, privatised banks and Keynesian economics. It was rejected and Moseley resigned in May 1930
Term
May 1930
Definition
Moseley resigned
Term
The May Report
Definition
A report published 31st July 1931 proposing government cuts.
Term
Sir George May
Definition
Financial expert and chair of the May Committee, appointed by Snowden
Term
£96 million
Definition
Government cuts suggested by the May Committee in July 1931
Term
10%
Definition
Reduction in unemployment benefits necessary under the May Committee's suggestions. This was opposed by the TUC and subsequently many Labour MPs such as Henderson.
Term
£56 million
Definition
Cuts that could be agreed by Labour in 1931. They could not pass this as they were a minority government and so MacDonald resigned.
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