Learning objective
Economic developments: the Great Depression and its aftermath; problems of British industry and agriculture; staples and new industries, foreign competition; invisible exports; debates over protectionism, tariff reform and free trade.
Read the explanation, check the common trap, then practise with flashcards and questions.
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Topic
Challenges to the status quo, c1886–1914
Subtopic
Challenges to the status quo, c1886–1914
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Understand this objective
Quick explanation
Economic developments: the Great Depression and its aftermath; problems of British industry and agriculture; staples and new industries, foreign competition; invisible exports; debates over protectionism, tariff reform and free trade
- This point belongs to Challenges to the status quo, c1886–1914, especially Challenges to the status quo, c1886–1914.
- You need to be able to economic developments: the Great Depression and its aftermath; problems of British industry and agriculture; staples and new industries, foreign competition; invisible exports; debates over protectionism, tariff reform and free trade.
- Use the linked flashcards and practice questions to check recall, then practise applying the idea in an exam-style answer.
Why it matters
This objective helps connect Challenges to the status quo, c1886–1914 to exam-style questions, flashcards, and revision notes for Challenges to the status quo, c1886–1914.
Quick student answer
What was one significant economic impact of the Great Depression on British industry?
Direct answer
The Great Depression led to a significant rise in unemployment rates across Britain, as many industries struggled to cope with reduced demand and competition.
Key terms
- Tariff Reform: Tariff Reform refers to the policy of changing import duties to protect domestic industries from foreign competition.
- Invisible Exports: Invisible Exports are services provided to foreign markets, such as banking and insurance, which do not involve the export of physical goods.
Common trap
Confusing invisible exports with visible exports: Clearly differentiate between the two; invisible exports are services, while visible exports are tangible products.
Related questions
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Related learning objectives
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- The condition of Ireland and Anglo-Irish relations: the Home Rule movement, opposition and the Home Rule Bills.
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