During the 1920s,the British government,under the leadership of the Conservative party,pursued a policy of "deflation" in an attempt to:

Question

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The policy of deflation was aimed at keeping the prices of British goods low to stimulate demand for them. This was done through a reduction in government spending, a decrease in the money supply, and the raising of interest rates. The goal was to promote exports and reduce imports in order to boost the British economy. The policy was not directly aimed at labor unions or the Labor party, nor was it primarily motivated by a desire to regain Britain's position in the League of Nations or to control the banking industry.

During the 1920s,the British Government,under the Leadership of the Conservative