History
Why did Britain's iron and steel industry struggle in the early 20th century?
The British industry had not modernized, making their goods more expensive than foreign competitors.
How did Poland and the USA gain an advantage over Britain's steel industry?
They had modernized their industries, allowing them to produce steel more efficiently and cheaply than Britain.
What was one major consequence of Britain's outdated iron and steel industry?
Britain lost international markets to countries with more modern and cost-effective production methods.
Why was modernization difficult for British iron and steel companies?
Many companies lacked investment to upgrade machinery and improve efficiency.