ECON-2006EG Study Guide - Quiz Guide: Fordism, Special Member State Territories And The European Union, Piece Work
7 Mar 2021
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War neutrals: most hadn"t experienced major destruction during the war, growth was accompanied with visible changes in economic structure: in swe and ch major shift towards higher valued-added industries; in fn significant industrialisation following political independence. Insatiable demand for military expenditure and transport problems prevented european belligerents from supplying their traditional export markets. In the mean time, european neutrals and some more advanced overseas countries (auss, After the war, european belligerents faced reduced export opportunities, which often gave rise to structural imbalances (broadberry and harrison). Gdp leader until end of 1930s: uk not only fell behind the us, but also within europe did she lose her leading position to. International financial leadership passed from london to new york: growing competition from the us and japan, domestic factors: Important sectors, e. g. coal, were highly fragmented, which impeded scale economies and retarded mechanization compared to german coal industry: stagnating demand. 2: unemployment remained very high => social unrest and impeded structural change.
