PROBLEMS IN STAPLES INDUSTRIES

0.0(0)
studied byStudied by 0 people
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
Card Sorting

1/8

encourage image

There's no tags or description

Looks like no tags are added yet.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

9 Terms

1
New cards

Foreign Competition. (who from)

USA and Germany.

2
New cards

Lack of Investment. (War material contracts)

War material contracts ended in 1919.

3
New cards

Outdated Technology (coal)

1/5 of coal was cut by machine in 1920.

4
New cards

Poor Industrial relations (their own workers and debt)

Many strikes. The gov prioritised paying off their debts to the US.

5
New cards

Loss of markets (volume of trade)

1913 VOT > 1929 VOT

6
New cards

What was happening to the demand for coal?

It was falling!

7
New cards

Why? (2 reasons)

  • Electricity and oil >>

  • Dated methods.

8
New cards

Who could get it faster and cheaper?

Germany and Poland.

9
New cards

What were the problems with shipbuilding?

  • There was no call for mew ships.

  • The demand for oil ships could not be met.