The social and political problems of most prominence in the United Kingdom in 1922 showed a further departure from those that chiefly occupied public attention during World War I, and the country had by then almost returned to its normal condition. Prices continued to fall during the early part of the year, but very slowly as compared with the previous decline, and in the latter half of the year the fall ceased almost entirely, prices becoming comparatively stabilized at about 80% above the level of July 1914. Labour problems, which occupied so much attention during and after the war, were less constantly in the public eye. The principle of inevitable reductions in wages had been accepted by the working classes as a whole, and there were few strikes on a large scale, the worst being that in the engineering trade. Unemployment continued to be very great, but it was recognized that little more could be done by government measures for its alleviation, and the subject was much less prominent in the political world than it had been in the previous year. A further indication of the return to normal conditions was in the gradual decay of the coalition government. The combination of parties brought about in the presence of a common danger no longer worked in peacetime. Very early in the year signs of disintegration became manifest in the coalition. On several occasions the two wings threatened to fall apart, but the government was successfully held together by the personality of Prime Minister David Lloyd George until the last quarter of the year, when the internal dissensions of many months reached a bursting-point, and the coalition collapsed.
Irish affairs occupied an important place in politics throughout the year. 1922 saw the establishment of the Irish Free State in the south and west of the island.
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