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Causes and Effects of the Britain’s Return to the Gold Standard

In: Proceedings of 2024 6th International Conference on Economic Management and Cultural Industry (ICEMCI 2024)

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  • Yufan Ke

    (Wuhan Wanwuyouchang Culture Technology Co., Ltd)

Abstract

This essay examines the economic policies implemented in Britain during 1925 to 1931. It covers distinct aspects of the British economy post-World War I and pre-Great Depression, including the confidence of the British, and classical economics theories. It discuss the effects after the policy and the disadvantages that prevented the pound from becoming the global currency. This essay focuses on analyzing the British policy of returning to the gold standard from two perspectives: causes and effects of the Britain and the world economic system. It is hoped that valuable information can be obtained from the research in order to accurately and objectively evaluate the impact of this policy on the future world economic landscape. By doing so, we can gain a deeper understanding of the complex interactions between the economy, policies, and society during times of crisis.

Suggested Citation

  • Yufan Ke, 2025. "Causes and Effects of the Britain’s Return to the Gold Standard," Advances in Economics, Business and Management Research, in: Hang Luo & Tang Yao & Wei Cui & Hongbo Li (ed.), Proceedings of 2024 6th International Conference on Economic Management and Cultural Industry (ICEMCI 2024), pages 290-295, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-642-0_28
    DOI: 10.2991/978-94-6463-642-0_28
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