Economic problems facing the Conservatives in the 1920s
- Created by: lizzyhmills
- Created on: 02-05-16 10:16
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- What were the economic problems facing the Conservatives in 1924?
- Lack of demand for staple goods
- Affected large areas of the North of England
- Affected areas of South Wales
- Affected areas of Scotland
- New industries were not often affected
- E.g. Motor vehicles, chemicals, electrical goods, canned foods
- These were set up in the midlands and the south
- The service sector grew due to the spread of:
- Retailing
- Road transport
- Mass entertainment
- CREATED 1 MILLION JOBS IN THE 20s
- Competition from other countries
- Coal from the USA and Germany and alternative fuels such as oil and electricity
- Competition from foreign ship yards
- Textiles from Japan and India were becoming available as they had: better machinery, better marketing methods and cheaper Labour
- Coal from the USA and Germany and alternative fuels such as oil and electricity
- Lack of demand for staple goods
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