The State Of The Economy Flashcards
(10 cards)
At the beginning of the twentieth century how was britains trading
Britain was the world’s greatest trading nation
In 1906 what was the population of the UK and ireland
43 million
Where were most British workers employed
In industry like textiles, coal mining, shipbuilding and steel
Were was employment increasing
It was increasing for men and women in services such as retailing, transport, banking and education
What new industries were being established by 1906
Electricity, chemicals and motorcars
What was being challenged in the twentieth century
Britains industrial and commercial supremacy was being challenged.
At the start of the twentieth century, many politicians and industrialists voiced concerns that Britain was not adapting fast enough to the changing economic climate.
What was the British Industry focused on in 1913
The staple industries which had been the basis of its industrial revolution and which had made Britain economically so successful
What percentage of exports came from the ‘main staples’
60%
What countries had started to erode Britains dominant position
Germany and America
Was there still evidence to support the ‘optimistic’ view of Britains position regarding the staples
Yes
