The Founding Crisis: Spain's Second Republic, 1931 Reforms and Challenges
Challenges Facing the Second Spanish Republic (1931)
The endemic problems of the Second Republic were immediately apparent, summarized by deep social conflicts involving the less fortunate classes, profound distrust from businessmen, and staunch opposition from the Church and the military.
Economic Instability and the 1929 Crash
The economy suffered heavily under the weight of the 1929 Depression, which severely impacted the value of the peseta. This period was characterized by:
- Widespread distrust among businessmen.
- Measures that highly favored workers, often alienating capital owners.
- Inherited problems, including the trade balance deficit left by the dictatorship of Primo de Rivera.
- An endemic agrarian problem in the countryside.
The most radical...