Origins of the General Strike 1926 Flashcards
1
Q
What was the economic situation in 1926?
A
- Business leaders cut £12 million weekly from the nation’s wage bill, yet British competitiveness did not increase.
- Increased unemployment due to wage reductions.
- Many owners had failed to invest in new and efficient production techniques during WW1. As a result of this and the heavy domestic demand for coal, there was a loss of overseas markets.
2
Q
A