'Industry, agriculture and trade unions' in S Constantine, M W Kirby & M B Rose (eds), First World War in British History

Topics:

  • Name Geopolitical event, natural disaster, etc, impact on business inc end of empire, war, disease, catastrophe, etc, exc industrial conflict

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Considers the effects of the First World War on the British economy, noting the two different interpretations - a] the war production experience was detrimental to post war structural change and modernisation and b] it represented a watershed that was profoundly beneficial to post war product and process innovation. Analyses the arguments of the two schools - 'continuity' and 'discontinuity'; considers the post war economy in the light of wartime developments; overviews the 'war's secular legacy for Britain's economic development'