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Australia And The Great Depression Essay

698 words - 3 pages

The Great Depression was a time of extreme economic hardship for all people throughout the world. For people in Australia times hit hard from 1929 even before the huge stock market crash In Wall Street. Australia's unemployment was already at a devastating 10 percent. After the Great Wall Street stock market crash in October 1929, the entire industrialised world hit a huge depression. Australia was especially hit hard. The unemployment rate doubled to 20 percent by mid 1930. Reaching a later record devastating peak of 32 percent in mid 1932.

The Great Depression affected Australia in many different ways. One being socially, it led people out of jobs which ultimately left families without ...view middle of the document...

Most of these working class women would be scrubbing floors and cleaning other peoples houses, let alone having to come home each night and cook and clean for their own families.

Employment was initially easier to find for younger people that had left school. Most of them were sacked by the age of 21, because their type of manual labour had very few future career prospects.

During these very tough times many Australians lost confidence in there own government representatives. As a result of this radical organisations gathered strength from the public.

In April 1923 the Sydney harbour bridge commenced construction which provided many Australians with jobs until 1932, when the bridge was ready for operation.

Labour prime minister James Scullin was Australia's first ever catholic prime minister. He officially came to power on the 22 of October 1929. Only one week before the big stock market crash. As a result of overseas depts Scullin decided to invite a Bank of England delegation to Australia. Led by sir Otto Niemeyer. The Bank of England delegation met with Scullin and state premiers. On Niemeyers...

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