We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

The British Economy Recession - Essay Example

Comments (0) Cite this document
Summary
This research paper “The British Economy Recession” analyzes the reasons for the British economy recession in the 20th century. During the whole 20th century there were three main reasons for the country’s decline that could be named. The first reason refers to the very beginning of the century…
Download full paperFile format: .doc, available for editing
Polish This Essay94.9% of users find it useful
The British Economy Recession
Read TextPreview

Extract of sample
"The British Economy Recession"

Download file to see previous pages It can be explained by the fact that these countries have more favorable natural resources than the UK. Up to World War Germany had been following its own policy of imperialism and that is why it nearly stopped any relations with the UK. Despite the above-mentioned facts, the UK was still doing not very badly. The War ruined all spheres of the UK industry. It did destabilize the British economy for a long period of time.
The plants and factories both in town and in the suburbs were regularly bombarded and eventually, it lead to the decline of the UK economy. Participating in the War made the UK lose the quarter of the country’s wealth. The decline of manufacture brought about the total unemployment and strikes of complaints. The unemployment was spread among women and those men who were not involved in battles. Those enterprises that were not ruined closed down because they even didn’t cover their expenses. People in those times didn’t have money to develop the majority of branches of the manufacturer. The only spheres that managed to survive and even got some profit was the food manufacture and the military one. During the War, these products became of prime importance.
Although the manufacturer in the UK was in recession, London still played the role of the world main financial center. I accumulated the accounts dealing with military forces and other spheres. For performing the function of the World Bank the UK, surely, charged the percentage and that donation allowed it to proceed to participate in the battles.
People unsatisfied with the political and economic situation united in General Strike that aimed to demand the increase of the standards of living. The authorities managed to suppress the Strike and those people who participated in it were blacklisted and could not be hired for very long after the strike.
T ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The British Economy Recession Essay Example | Topics and Well Written Essays - 1000 words - 1”, n.d.)
Retrieved from https://studentshare.org/business/1406063-examine-the-reasons-for-the-long-term-decline-of-british-business-especially-its-manufacturing-industry-over-the-course-of-the-twentieth-century
(The British Economy Recession Essay Example | Topics and Well Written Essays - 1000 Words - 1)
https://studentshare.org/business/1406063-examine-the-reasons-for-the-long-term-decline-of-british-business-especially-its-manufacturing-industry-over-the-course-of-the-twentieth-century.
“The British Economy Recession Essay Example | Topics and Well Written Essays - 1000 Words - 1”, n.d. https://studentshare.org/business/1406063-examine-the-reasons-for-the-long-term-decline-of-british-business-especially-its-manufacturing-industry-over-the-course-of-the-twentieth-century.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
UK economy during 2008 recession
The rapid increase in production costs due to higher costs of doing business resulted in inflation; thereby reducing consumer purchasing power and real incomes. For instance, the consumers sharply cut down their spending amid low real incomes, which led to negative GDP growth, aggregate consumption, production and saving (BBC Article, 2008).
4 Pages(1000 words)Essay
The British Economy
The world economies are inter-depended on each other and hence, they have realized the importance of international trade and business. Therefore, free trade policies and trade pact between world economies have encouraged the activities of international trade.
6 Pages(1500 words)Essay
Examine the impact of the recent recession in the British Economy
This economic crisis which reached peak in 2008 had shaken the foundation of UK economy in a destructive manner. The recession introduced instability in all sectors of British economy and was hardly hit on the banking and housing sector. According to (The Economist)“The economy of UK shrank by 5% last year, this was biggest fall since the Great Depression.
6 Pages(1500 words)Essay
Recession in British Car Industry
Lord Mendelson said that car industry is can no longer be considered as lame duck. However, because of the recession British government is politically unstable. More must to be done to defend the below par car industry, but sees it as part of a good stable scheme to help the British economy weather global recession.
12 Pages(3000 words)Case Study
The British Economy
Within the post war age it was bound to facilitate the other countries to be kept sterling reserve by the independent countries. Britain has devaluated sterling as its strategy. Devaluation of 1949 caused as a direct effect of world war-II and the devaluation of 1967 caused to keep sterling reserve by other countries.
6 Pages(1500 words)Essay
British economy
In EU the biggest decrease was reported in the petroleum, steel as well as the sector of fibres. (Winford, et al 2005 p 90) This is a study set out to make a vivid description of the UK sector of manufacturing decline. To this, it is going to answer the
9 Pages(2250 words)Essay
The British Economy
When foreign trading was done, there was no uncertainty. It was after 1971, that some countries could no longer find it feasible to stick to the fixed exchange rate so most of them transferred to the floating exchange rate. There are
6 Pages(1500 words)Essay
Economy recession
s policies were made and implemented by the policy makers which have received severe criticisms, yet they have proved to be priceless as no one has been able to adequately quantify the results of the converse. The US policies were spread over two dimensions: to stabilize
1 Pages(250 words)Assignment
The UK post-recession economy
Today, however, as a result of new regulations and international cooperation to stabilize global and domestic banks, the UK is emerging from this recession. After the UK government spent well over £62 billion to provide banks with new capital infusions the UK improved the majority of its economic weaknesses.
16 Pages(4000 words)Research Paper
Recession in the economy
This period is characterized by low consumption patterns because the general population has little to spend or the prices of the standard commodities are high (Auerbach, Alan and Yuriy, pg 12). Investments are significantly reduced while unemployment is the all-time high in the respective countries. 
2 Pages(500 words)Essay
Let us find you another Essay on topic The British Economy Recession for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us