The Great Depression
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Questions and Answers

What was the main way that Britain had been paying off its debts before the Depression hit?

  • Investing in new industries
  • Exporting goods to America (correct)
  • Selling goods to other European countries
  • Taking out loans from France and Italy

    • What were some of the staple industries in Britain that were already in decline before the Depression hit?

  • Coal, iron, steel, textiles, ship-building (correct)
  • Agriculture, fishing, forestry
  • Mining, quarrying, construction
  • House-building, chemicals, motorcars, aircraft

    • Why was Wales particularly badly hit by the Depression?

  • Poor transport links
  • Over-specialisation on a narrow range of industries (correct)
  • Lack of trade unions
  • Lack of investment in new industries

    • What was the main reason why new industries were not developing in the same parts of Britain which were most affected by declining industries?

    <p>The workforce had a limited set of skills and expected higher than average rates of pay</p> Signup and view all the answers

    Which political party was in power during the onset of the Depression in Britain?

    <p>The Labour Party</p> Signup and view all the answers

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