a problem of industries and regions: unemployment and structural change in britain during the interwar years and 1980s

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02-09-2022
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a problem of industries and regions: unemployment and structural change in britain during the interwar years and 1980s

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qwlilly qwlilly · Answer 1 · 2022-09-10T22:30:07-04:00

There were many problems of unemployment and structural change in Britain during the interwar years and 1980s. Which includes the changes related to industries and regions.

The most serious employment crises Britain occurred during twentieth-century. In this year there were many wars in early 1980s. In both the cases the unemployment rate climbed to over 10% and this aggregate remain high for many years. These downturn in the period changed the structural economy. Export-oriented a heavy loss in expanding light manufacturing industries during early 1980s. The decline in manufacturing accelerated as the economy pivoted toward service industries and finance. These were the problems faced by Britain during interwar.

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