Stanley Baldwin, 1st Earl Baldwin of Bewdley, (3 August 1867 14 December 1947) was a British statesman and Conservative politician who dominated the government of the United Kingdom between the world wars, serving as prime minister on three occasions, from May 1923 to January 1924, from November 1924 to June 1929, and from June 1935 to May 1937.
Born to a prosperous family in Bewdley, Worcestershire, Baldwin was educated at Hawtreys, Harrow School and Trinity College, Cambridge. He joined the family iron and steel making business and entered the House of Commons in 1908 as the member for Bewdley, succeeding his father Alfred. He served as Financial Secretary to the Treasury (1917–1921) and President of the Board of Trade (1921–1922) in the coalition ministry of David Lloyd George and then rose rapidly: in 1922, Baldwin was one of the prime movers in the withdrawal of Conservative support from Lloyd George; he subsequently became Chancellor of the Exchequer in Bonar Law's Conservative ministry. Upon Law's resignation for health reasons in May 1923, Baldwin became prime minister and leader of the Conservative Party. He called an election in December 1923 on the issue of tariffs and lost the Conservatives' parliamentary majority, after which Ramsay MacDonald formed a minority Labour government.
After winning the 1924 general election, Baldwin formed his second government, which saw important tenures of office by Sir Austen Chamberlain (Foreign Secretary), Winston Churchill (at the Exchequer) and Neville Chamberlain (Health). The latter two ministers strengthened Conservative appeal by reforms in areas formerly associated with the Liberal Party. They included industrial conciliation, unemployment insurance, a more extensive old-age pension system, slum clearance, more private housing and expansion of maternal care and childcare. However, continuing sluggish economic growth and declines in mining and heavy industry weakened Baldwin's base of support.