era of the great war Flashcards
green section
6 reserved occupations
6 industries that did well during the war
6 reasons why industry declined after the war
There was a lack of investment
There was an international Trade slump
There was greater foreign competition
The reliance of the war, since the war was over there was not use for lots of things.
There was competition with Britain, e.g. the Scottish iron and steel firms faced rivals in england.
A decline of interconnected businesses (The failure of one industry had an effect on the others, so multiple industries failed instead of just one.As the steel and iron works were dependent on shipbuilding, when shipping on the Clyde declined, steel and ironworks wouldn’t get orders from them, which made them fail as well.)
6 industries that grew in the 1920’s
Steel industries
Ship building
Textiles: jute makers
Shepherds
farming
Munitions