2.3 - the need for economic efficiency

what was national efficiency?

the desire to introduce social reform to counter britains diminishing economic and military dominance

the need for economic efficiency stemmed from a desire to create…

national efficiency

where did the uk face economic competition from?

germany as the various states had unionised and became one of the worlds largest economies

germany was also a…

military threat

what other country did the uk face economic competition from?

the US but they were not a military threat

why was germany such a strong economic and military power?

they had new technology, better higher education and a welfare state

why was america such a strong economic power?

they had an abundance of natural resources, a large workforce and had invested in new industries like chemicals

what did both germany and america do?

place tariffs on foreign goods

why was britains economy shit?

no new technology, no welfare state, ineffective workers and business owners

why were british workers ineffective?

workers were sick and malnourished

why were british factory owners ineffective?

factories were inherited meaning there was less skill over time

what other problem were affecting britains economy?

concerns about the future generation

what concerns did people have about the future generation?

poor education and long term impact of poverty may hinder their ability to be effective workers?

why else was the uk economy struggling?

it was dependent on consumerism which could not be maintained by a mostly poor population