Staple Industries Flashcards
1
Q
What was the 1913 economy based around
A
Staple industries (Textile,Steel,Coal and Shipbuilding)
2
Q
What % of exports came from staple industries
A
60%
3
Q
Why was shipbuilding still optimistic
A
Owned half the worlds ships prior to 1914
4
Q
Why was there is still optimism in steel making
A
Out put had continued to increase. Although Ger and USA were progress faster, largely due to greater natural resources
5
Q
Why was there optimism in the coal industry
A
Coal was still profitable, 287m tonnes mined in 1913 v 100m in 1870
