The Great Recovery

The Great Recovery was a period in the 1930s when then British Prime Minister Ramsay MacDonald and his government implemented a series of social and economic reforms to improve living standards and reduce poverty after the hardships of the Great Depression. It aimed to rebuild and modernize the economy, expand social welfare, and create jobs through national initiatives. This approach marked a shift from traditional laissez-faire policies to active government intervention in economic and social issues, emphasizing support for workers, public services, and housing, ultimately shaping modern social welfare policies in Britain.