Policy of free trade 1886-1914 Flashcards
What did Free trade force industries to do
Improve
How did agriculture change
Moved towards livestock farming
Why did dairy farmers success
Milk was harder to transport and the growth of the middle class demanded dairy products
What areas of Britain saw an increase in livestock
Lancashire and West Country
How much did agricultural output increase between 1900-14
5%
What new agricultural technology was developed
Self binding reaper and a plug which could work two farrows at a time
What happened to agricultural workers
They fell
Who benefited from free trade trade
The ordinary people
What happened to real wages due to imports falling
They rose
What retail developed
Marks and Spencer
What type of item did Britain start mass producing
Clothing
How much did imported cotton increase between the 1870s and 1910s
555,000 kg to 850,000 kg
Was free trade popular
Yes, it won the liberals a landslide victory in 1906
Who opposed free trade
Chamberlain in 1903
What did Britain rely too heavily on
Imports
How did Britain’s industrial output for the world’s manufactured goods decrease by
33% to 14% in 1913
How much quicker was Germany and USA’s economy growing compared to Britain
Twice as fast
What happened to profits in staple industries despite the increase in production
They fell
What industry was worst affected
Agriculture
How much did land used to farm cereals decrease by between 1872 and 1913
9.6 to 6.5 million
What did British Industry fail to do
Innovate
What iron did Britain produce
Pig iron
What was the US mass producing
Cars
What brand of car was the US mass producing
Model T Ford in 1908
How was the chemical industry failing to innovate
Failed to adopt modern methods like the solway ammonia process