BE 3.3 Flashcards

(11 cards)

1
Q

what % of exports made up britains GDP before war and interwar years

A

30% to 15%

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2
Q

what did unemployment rise to after ww1

A

10.9%

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3
Q

what did britains debt rise to after ww1

A

£7.4 billion

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4
Q

when was the great depression

A

1929

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5
Q

how did india benefit from ww1

A

domestic manufacturers won a higher market share relative to british manufacturers

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6
Q

how did canada benefit from the war

A

exported more wheat to britain and began to export more to the usa

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7
Q

why were australia and NZ hit hard by ww1

A

relied on the britsh market for high % of exports

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8
Q

what did britain try to do with the empire during the great depression

A

increase exports to the empire to make up for lower sales in britain

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9
Q

what policy did the british empire pursue in the 1930s

A

imperial preference

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10
Q

how was britain’s economic position affected by ww2

A

severely weakened

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11
Q

what did britains desire to keep preferential trade agreements with its colonies do

A

separated britain economically and politically from USA and europe

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