FF and the Economy - Key Details (Leaving Cert History): Flashcards
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De Valera's main focus as FF leader
De Valera's main focus as FF leader
Foreign relations & Anglo-Irish affairs, not economy
3 key ministers managing FF's economy
3 key ministers managing FF's economy
MacEntee (Finance), Lemass (Industry), Ryan (Agriculture)
FF's main economic goals
FF's main economic goals
Protect industry, use resources, reduce UK reliance, stop annuities
Protectionism definition
Protectionism definition
Shielding domestic industries from foreign competition
Ireland's trade policy status in 1932
Ireland's trade policy status in 1932
One of few in W. Europe still with free trade
Annual land annuities amount from 1926
Annual land annuities amount from 1926
£3 million per year
When FF stopped paying land annuities to Britain
When FF stopped paying land annuities to Britain
July 1932
Economic war between Ireland & Britain
Economic war between Ireland & Britain
Trade conflict from mutual tariffs after annuities dispute
Britain's response to non-payment of annuities
Britain's response to non-payment of annuities
Imposed taxes on Irish cattle, butter, poultry
FF's agricultural shift in 1930s
FF's agricultural shift in 1930s
From cattle farming to crop growing
Year Ireland's Central Bank established
Year Ireland's Central Bank established
1942
Industrial Credit Corporation (ICC) founded
Industrial Credit Corporation (ICC) founded
1933 - to help new companies with investment advice
Turf Development Board (Bord na Móna) founded
Turf Development Board (Bord na Móna) founded
1934
Unemployment Assistance Act passed
Unemployment Assistance Act passed
1933 - helped people needing medical care
Coal-Cattle Pact signed with Britain
Coal-Cattle Pact signed with Britain
Jan 1935 - allowed Irish cattle exports for British coal