great depression in the united kingdom ne demek?

The Great Depression in the United Kingdom refers to a period of economic downturn that lasted from 1929 to the late 1930s. It was largely caused by the collapse of the US stock market in 1929, which triggered a global economic crisis.

In the UK, the Great Depression was characterized by high unemployment rates, collapsing industries, and widespread poverty. The country's heavy reliance on international trade and heavy industry made it particularly vulnerable to the crisis.

The UK government implemented a range of measures in an attempt to mitigate the effects of the depression. These included devaluing the pound, increasing government spending on public works projects, and introducing protectionist measures to support British industry.

Although these measures helped to stabilise the UK economy in the short term, they also contributed to a rise in debt and inflation in the long run. It was not until the onset of World War II that the UK economy fully recovered from the effects of the Great Depression.