State of the economy-Staples Flashcards
1
Q
What were the staple industries?
A
Textiles, ship building, coal and steel
2
Q
What percentage of GB exports were staples in 1913?
A
60%
3
Q
Where did GB rank globally in staples?
A
1st
4
Q
What percentage of world shipping did GB own before 1914?
A
50%
5
Q
Why could Britain be optimistic about the progress of its staple industries, even if other nations were making faster progress?
A
They were a smaller country than Germany and the USA and there was still a rising output.
