Appeasement, Isolationism and the Approach of War in the 1930s

  • Anne Orde


The depression affected the United States more seriously and for longer than any other country. Whether or not its causes lay primarily there, the weight of the United States in the world economy meant that long and severe depression in that country had a proportionate impact on the rest of the world. In Britain the depression, while painful for individuals and regions and presenting many difficulties for governments, was relatively mild, and Britain emerged from the wreckage of the gold standard as leader of a relatively successful sterling monetary bloc. The long-term trend to American economic preeminence was not reversed; but for a few years the balance moved slightly back in Britain’s favour.1


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Copyright information

© Anne Orde 1996

Authors and Affiliations

  • Anne Orde
    • 1
  1. 1.University of DurhamUK

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