Rearmament and Recovery
From 1936 onwards, the National Government followed a policy of mass rearmament in the face of the rise of Nazi Germany. By 1937 unemployment had fallen to 1.5 million, but rose again to 1,810,000 by January 1938 suggesting that the recovery was to be short lived.
Read more about this topic: Great Depression In The United Kingdom
Famous quotes containing the word recovery:
“With any recovery from morbidity there must go a certain healthy humiliation.”
—Gilbert Keith Chesterton (1874–1936)