2.2 New industries Flashcards

1
Q

What made new industries different from the staples?

A

They were based on new technologies

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2
Q

What were the three main new industries?

A
  • Engineering
  • Chemicals and pharmaceuticals
  • Motor vehicles
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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%
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4
Q

What % of Britain’s labour force were involved in motor vehicles and what did it show about the new industries?

A
  1. 6% of the british labour force

- this showed that they were becoming increasingly important for employment and the economy

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5
Q

Which countries were ahead of GB in both chemical and electrical industries? (2)

A

USA and Germany

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