ww1 Econ

Question 1

economic changes in World War One

Answer 1

-state intervention was needed
-need for men and materials
-new liberalism had been developing prior to the war

Question 2

munitions ww1

Answer 2

-1915 shell crisis: problems and inefficiencies led to ministry of defence being set up, Lloyd George = leader
-250 new shell factories built
-profits limited and prices kept low
-new tech (electricity)
-health and safety standards introduced
-nationalisation: pubs in munition producing areas

Question 3

railways in ww1

Answer 3

-nationalised under war
-highly ineffective
-denationalised after war but there were structural changes
-4 companies in 1921 compared to 130

Question 4

shipping WW1

Answer 4

-britain was world leader
-no need for state intervention
-1916, ministry of shipping was set up
-1921: crisis as 4 million tons of shipping sunk by German U-boats convoy system (shipping protection) overcome this
-loss led to construction boom
-would never return to the highs of shipping

Question 5

mining ww1

Answer 5

-govt. control after 1915 strike in ww1
-price controls introduced and limited export licences
-coal controller 1917, ensured supply
-coal mines private and industrial relations poor

Question 6

rationing ww1

Answer 6

-food shortages 1916 (imports)
-minsitry of food 1916: subsidies given to reduce bread prices and some voluntary rationing
-1918: rationing on sugar, meat, butter, jam and margarine

Question 7

agriculture ww1

Answer 7

-cultivation production act 1917: farmers could be force to change land use
-corn production act: min price for grain and min wage for agri
-women’s land army: extra soldiers
-government aimed to persuade due to tensions