Decline in British economy 1886-1914

Question 1

What countries was Britain in relative decline to

Answer 1

USA and Germany

Question 2

How was the economic growth in the US compared to Britain

Answer 2

It was growing twice as fast

Question 3

What type of firms did the US have

Answer 3

Large firms

Question 4

What percentage of British coal was cut mechanically in 1913

Answer 4

8%

Question 5

What percentage of coal was cut mechanically in the US in 1913

Answer 5

25%

Question 6

What did Chamberlain propose in 1903

Answer 6

Tariff reform

Question 7

what did the proposal of free trade display about Britain

Answer 7

It was struggling to compete

Question 8

Why hadn’t free trade been replaced

Answer 8

There had been a consensus on it up until this point

Question 9

What was Britain not doing to its industry

Answer 9

Making technological advancements

Question 10

What type of Iron did Britain produce

Answer 10

Pig Iron

Question 11

What did the import of cheap cereals lead to

Answer 11

Workers being laid off

Question 12

What happened to wages of agricultural workers

Answer 12

They stagnated

Question 13

How much did the amount of land used to farm cereals drop by between 1872 - 1913

Answer 13

9.6 million in 1872 to 6,5 million in 1913

Question 14

What happened to trade during this period

Answer 14

It increased

Question 15

How much did Brian invest abroad compared to Germany, France, Holland, Belgium and USA combined

Answer 15

£4000 million compared to £5,500 million

Question 16

How much did British shipping generate between 1911-13

Answer 16

£100 million per year

Question 17

Where did British banking reach

Answer 17

Hong Kong and South America

Question 18

How much more was being invested abroad than at home between 1911-13

Answer 18

Twice as much

Question 19

How much did coal production increase between 1900 and 1913

Answer 19

64 million tonnes

Question 20

How much did the British GDP rise each year between 1900-1913

Answer 20

1.7%

Question 21

How much did agricultural output increase by between 1900-1914

Answer 21

5%

Question 22

What type of farming did farmers go to

Answer 22

Livestock farming

Question 23

What new industries emerged

Answer 23

Electricity

Question 24

How much did staple industries contribute to Britain’s output

Answer 24

50%

Question 25

How much did Britain’s proaction of the world’s manufactured goods fall by in 1913

Answer 25

33% to 14%