One of the Most Significant Reasons for the Continued Stagnation

question 73

Multiple Choice

One of the most significant reasons for the continued stagnation of the British economy after World War I was:

• A) That nearly half of its budget in the interwar period went to paying off debt from the war.
• B) That workers demanded high wages in the aftermath of the war effort and businesses reacted too quickly to their demands by raising them.
• C) The General Strike of 1926 dragged on for 10 months, causing the rise of Oswald Mosley's "Blackshirt" movement.
• D) Full employment (i.e. a 4% unemployment rate) was reached in 1920, and businesses could not find an adequate work force to staff their businesses.

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Definitions:

Reaction Formation

A psychological defense mechanism where an individual expresses feelings or behaviors that are opposite to their true feelings or desires, often to hide those true feelings.

Defence Mechanisms

Psychological strategies used unconsciously to protect oneself from anxiety arising from unacceptable thoughts or feelings.

Hatred

An intense dislike or ill will towards a person, group, or object, often characterized by hostility.

Repression

A defense mechanism where undesirable thoughts, memories, or desires are unconsciously blocked from conscious awareness.