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Australia and the Depression
Title: Australia and the Depression
Category: History
Details: Words: 1740 | Pages: 7.4 (approximately 235 words/page)
Australia and the Depression
The 1920s was a time of great prosperity for Australia. Entertainment popularity had increased with musical theatre, opera and stage comedies drawing large audiences. Transport boomed with increasing numbers in car owners and the introduction of commercial aviation in the early 1920s. The Australian Government borrowed heavily from overseas for investments during this opulent period. By the late 1920s there was a significant decline in the volume of international trade . The American stock market crash …showed first 75 words of 1740 total…
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…showed last 75 words of 1740 total…were left jobless, homeless and many died as a result of poverty, malnourishment or suicide from the embarrassment of being unemployed.
The economic circumstances of the Great Depression have lead to changes in Australian society, for example subsidies to ensure and guarantee the price of exported material. Strict policies in relation to migration to Australia were introduced to ensure that those coming in were skilled and would not be a burden on the Australian economy.
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