Southern Rhodesia more amenable to allowing black nationalism than the Southern Rhodesians. Accordingly, Britain granted independence to Northern Rhodesia on 24 October 1964. However, when the new nationalists changed its name to "Zambia" and began tentatively at first and later in rapid march an Africanisation campaign, Southern Rhodesia remained a British colony, resisting attempts to bring in majority rule. The colony attempted to change its name to "Rhodesia" although this was not recognised by the United Kingdom. The majority of the Federation's military and financial assets went to Southern Rhodesia, since the British Government did not wish to see them fall into
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