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Question
In which year did the Labour Party in England lose the general elections?
In which year did the Labour Party in England lose the general elections?
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Solution
The correct option is C 1931
The Depression had huge impacts on the political conditions in many countries. In England, the stock market crash of 1929 caused the Bank of England to go bankrupt. The emergency measures like cutbacks in expenditure and increased taxation also failed to secure the economy. The Labour Party lost the support of the people and consequently lost the general elections in 1931.
The Depression had huge impacts on the political conditions in many countries. In England, the stock market crash of 1929 caused the Bank of England to go bankrupt. The emergency measures like cutbacks in expenditure and increased taxation also failed to secure the economy. The Labour Party lost the support of the people and consequently lost the general elections in 1931.
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