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After the war, he joined the British Liberal Party and was to serve as the Chancellor of the Exchequer, when he was widely seen as making critical mistakes, that led to an economic downturn in Britain.<ref> Charmley, John (1993). ''[https://www.amazon.com/gp/product/015117881X/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=015117881X&linkCode=as2&tag=dailyh0c-20&linkId=6bd136abde721a9dde6ae144ac1ce3dc Churchill, The End of Glory: A Political Biography]''. London: Hodder & Stoughton p. 117 </ref> By the 1930’s he was in the political wilderness. However, he was a well-known figure in Britain and was genuinely popular. Churchill became famous for his journalism and his historical works. In 1935, he re-joined the Conservatives and sat as an M.P. in the House of Commons. <ref>Charmley, p. 117</ref> His fame rested on his eloquence as both a speaker and writer.

[[File:Winston_Churchill_1874_-_1965_ZZZ5426F_(1).jpg|thumbnail|left|200px|Winston Churchill in military uniform in 1895]]Europe in the 1930s, saw the rise of dictators in Europe, as democracies collapsed, in the aftermath of the Great Depression. Germany's democratic government's power eroded during the depression and eventually collapsed. Germany began to dismantle the provisions of the Versailles Treaty and rapidly expand its army. The government invested heavily into the country's arms industry, and it was rapidly rebuilt.<ref> James, Robert Rhodes. ''[https://www.amazon.com/gp/product/B000BO1KMC/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=B000BO1KMC&linkCode=as2&tag=dailyh0c-20&linkId=220db8c453a51701fea9c803c9dfef97 Churchill: A Study in Failure, 1900–1939]''(Harper Press, London, 1970), p. 134 </ref>