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Australia And The Depression
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Responses by Australian governments to the Great Depression were largely inadequate; however, it is necessary to identify the sources of these inadequacies. Attempts made by the Scullin Government to implement effective policy responses to the problems of the Great Depression were significantly impaired by a number of factors; consequently relevan ....
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....hich he dominated.
Consequently, the Government lacked the necessary power to significantly influence to the board in favour of their policies. This lack of means was sorely missed during the crisis in government finance. Australia depended heavily on overseas borrowing for new investment. However, the returns from the investments were not suffic.... |
| Word count: 2644 |
Page count: 10 |
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