The state of the economy: staples; 'new' industries; agriculture; trade and invisible earnings; economic concerns and external competition
By 1906, Britain's economy had serious weaknesses. Older industries like coal and textiles were ageing, foreign rivals were catching up, and not everyone shared in the country's wealth.
Real World
By 1913, Germany produced more steel than Britain and the United States had overtaken Britain in manufacturing output, directly threatening the Lancashire textile and South Wales coal industries that employed millions.
Exam Focus
Contrast staple and 'new' industries explicitly — examiners reward structured comparison showing you understand the uneven nature of Edwardian economic decline.
Essay Framework
Use PEEL to structure every paragraph. Tap each step for guidance and an example.
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