What did Lyons prioritize for Australia's recovery from the Great Depression?
Trade Embargoes
Social Welfare
Orthodox Financial Policies
Infrastructure Spending
Answer
Lyons prioritized orthodox financial policies for Australia's recovery from the Great Depression. This involved reducing government spending, introducing tariffs to protect local industries, and balancing the budget. Lyons believed that these measures would stimulate economic growth and restore confidence in the economy. They were largely successful, and Australia emerged from the Depression sooner than many other countries.
The Lyons Legacy: Test Your Knowledge on Joseph Lyons, Australia's Influential Politician
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