1. The war had created a large national debt, which in turn led to rising costs and a lack of jobs.
2. A large number of men had been killed in the war, which resulted in a labor shortage.
3. Violent conflicts between workers and employers about low wages led to a loss of productivity.
4. Many factories and industries were destroyed in aerial bombings, resulting in a decrease in production.
Why did Great Britain’s economy experience a period of stagnation after World War I?
- Posted:
- 3+ months ago by fazioeli
- Topics:
- bee, national, war, number, world, men, large, great, rising, job, experience, britain, cost, turn, economy, numbers, debt, period, periods, wars
Details:
Answers (1)
There was also an even larger number of wounded that still needed treatment and help with various disabilities. Certain raw materials were in short supply and rationing was in force. Life was hard, many had suffered emotional traumas, including kids, myself included. In short overall morale was basically jolly low.