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War Economy Notes

This is a sample of our (approximately) 8 page long War Economy notes, which we sell as part of the AS WW1 Notes collection, a A package written at Heathfield School in 2014 that contains (approximately) 28 pages of notes across 4 different documents.

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War Economy Revision

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War Economy

01/11/2014

 Defence Of The Realm Act (DORA)-1914
-Government powers to control social and economic activity- Take over any factory, Land, workshop and Censor newspapers
 Banned:
-Talk of Military of naval acts in public
-Buy binoculars
-Light bonfire or fireworks
-Ring church bells

 Drink
-1914- restricted pub opening hours
-1915- Central Liquor Control Board- restrict sale of alcohol in areas important to the war effort
-1917-Drinking habits of 93% of the population were regulated
-Alcohol made more expensive beer rose from 3d a pint to 10d from 1914-18, spirit prices rose by 500%
 Taxation:
-Rate of income tax increased from 6% to 30% between 1914-16
-Income of tax was charged went down from £160 a year to £130
-6 million more people were paying income tax

 Cost of the War
-£3.85m per day
-National debt increased from £625m-£8,000m
-30% made up from raising income tax
-Government persuaded for war bonds
-22nd February 1915 Lloyd George circulated the memo arguing all industry to be geared towards total war and factories to focus on munitions production
-May 1915 Colonel Repington published an article about shell shortages causing a national outcry
-Lloyd George met with trade unions and made
 Ministry of Munitions
-controlled all aspects of industry, wages, profits, hours etc.
-Introduced Munitions of War Act headed by Lloyd George
-1918- staff of 6,500 employing 3 million in 20,000 factories
-shell deliveries rose from 5.3 million (1915) to 35.4 million (1916) Munitions of War Act 1915:
-All industries for war effort put under the control of the Ministry of munitions
-Strikes and lockouts were prohibited

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