staple industries interwar years

Question 1

problems in interwar years and negative cycle in staple industries

Answer 1

-staple industries mainly for exports
-hit by international downturn in 1929
-new energy sources, lower demand for coal
-gold standards: high exportprices
-tariff prices in other countries

-lack of modernisation- uncompetitive against foreign comp- falling profits- lack of I- lack of modern

Question 2

mines in interwar years

Answer 2

-poor industrial relations
-poorly equipped
-refusal of Sankey commision= no investment
-poland and Spain: mined own coal after gold standard pushed up price
-new fuels

Question 3

shipbuilding interwar years

Answer 3

-relative decline
-boom led to overcapacity
-naval order fell after war
-outdated
-struggled against foreign comp

Question 4

iron and steel interwar years

Answer 4

-relative decline before 14
-demand fell sharply after 1920 boom
-export markets lost
-free trade: foreign imports
-wall st. crash further drop in d
-rearmament led to stimulation