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Social Credit (often called Socred for short) is an economic ideology and a social movement which started in the early 1920s. Social Credit was originally an economic theory developed by Scottish engineer Major C. H. Douglas. The name Social Credit came from his desire to make the betterment of society (Social) the goal of the monetary system (Credit).
The Canadian social credit movement was by far the most notable, but the ideas also gained some lesser success in other countries. One such country was New Zealand, where the Social Credit Party gained several seats in the national parliament, with 21% of the total votes at one election. In Britain, the Kibbo Kift, a small breakaway from the Boy Scout movement, transformed itself into the Green Shirt Movement for Social Credit, a political uniform-wearing paramilitary mass-movement, that marched, demonstrated and agitated in the 1930s for the introduction of a Social Credit system.







