Competition

Cards (3)

  • From the 1920s, GB faced much increasing comp from abroad. Competitors were bigger and could produce goods with a much lower price
  • Much of the GB industry in the early C20th developed around the coalfields of the north cause they depended on steam power, which the coalfields could provide
  • The main problem affected the old industries was that they depended on exports. They were only profitable if they could sell to world-wide markets