2.2 New industries Flashcards
1
Q
What made new industries different from the staples?
A
They were based on new technologies
2
Q
What were the three main new industries?
A
- Engineering
- Chemicals and pharmaceuticals
- Motor vehicles
3
Q
What was notable about the growth of new industries compared to the rest of the economy?
A
They had a faster growth rate per year than the rest of the economy
- 3.8% vs 2%
4
Q
What % of Britain’s labour force were involved in motor vehicles and what did it show about the new industries?
A
- 6% of the british labour force
- this showed that they were becoming increasingly important for employment and the economy
5
Q
Which countries were ahead of GB in both chemical and electrical industries? (2)
A
USA and Germany