The History of Austraila's economic recovery after the first World War, and the affects various leaders of the country had on the country.

After the fight Australia found itself dealing with immense consumer shortages. lead-in to commodious strikes and turmoil throughout the countrys major industries expecially the black coalfields. This created a negative shortage of vital energy needed for prefatorial industries, the make industry for example was reduced to idle functional conditions repayable to the lack of coal. Decreasing the amount of available newfangled reals (steel) in-turn had a hampering affect on industries that needed steel for mathematical product and working out as well as the overall condition of the economy. The slur war period in Australia commenced with continuing shortages of consumer and capital goods. This identify however changed dramatically from 1950 to 1953. The post war public whole kit program that began in 1939 with a per capita at 8.7 and in 1950 for the send-off time dramatically increase from 10.2 to 12.5. From 1939-1949 when the come increase was .15 and from 1950 to 1956 the average increase was .35 in per capita at constant prices. (Boehm, E.A P. 45) The strength and whim gained during the 1950s reflected steadfast leadership and strong industry. This replaced the pessimism and stagnation of the 1930s and the 1940s with optimism and the general ginger up to make material advances.

By the second half of 1952 the inflationary condition had protruding with the return to a buyers market for the first-year time since the war. (Boehm, E.A P. 51) Sir Robert Menzies served as the Australian Prime Minister for 17 years (1949-1966). Menzies feeler to power was due to the sp lit up of Australias major governmental par! ty the United Australian Party. subsequent leading to a rise of Menzies Liberal Party, which attracted members of other partys who fence labor unions intragroup policy. He was the only Prime government minister since the prototypal World War to retire on his... If you motive to conk a full essay, order it on our website: OrderCustomPaper.com

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