Northern Rhodesia the election with the Federal party that their voters would vote for the other's candidates in some "national" constituencies, Nkumbula agreed to work in a coalition which had Kaunda as Prime Minister, and the two and their parties worked in reasonable harmony until a pre-independence election on 1964 where, with a much wider franchise, the United National Independence Party gained 55 of the 75 parliamentary seats. The Federation of Rhodesia and Nyasaland was formally dissolved on 31 December 1963, and the country became the independent Republic of Zambia on 24 October 1964, with Kaunda as President. Source: Whitaker's Almanack The
Northern Rhodesia crashed in 1931. An international agreement restricted output. This caused a catastrophe in Northern Rhodesia where many employees were sacked, and put an end to hopes which many Europeans had held of turning Northern Rhodesia into another white dominion like Southern Rhodesia. Many settlers took this opportunity to move back to Southern Rhodesia, while Africans returned to their farms. Despite the economic crash large firms were still able to maintain a profit. The fact that unemployed workers had left meant there were no increases in taxation, and labour costs remained low. At a 1932 conference of copper producers in New