The retreat from economic liberalism between the wars and growing government intervention in domestic and international economic policy widened the scope for business organisations to shape national policy. Although in the early 1920s business had been divided over tariffs, protectionaist sentiment and pressure mounted rapidly before the slump. Hence the very quick adoption of a protectionist platform by business within months of the Wall Streets Crash.
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Paper provided by Portsmouth University - Department of Economics in its series Papers with number
86.
Find related papers by JEL classification: N44 - Economic History - - Government, War, Law, and Regulation - - - Europe: 1913- G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation