Britains Market Transition

Paper Summary:

This study observes the value of exports in Britain between the years 1910-39. This period is an important one as it shows the final years of the Victorian economy, the entire WWI economy, the interwar period, and the outset of WWII. Looking at the value of exports is particularly informative as it demonstrates the end of the British empire as it was known during the 19th century; i.e., the end of Britain's position as the 'workshop of the world', and its slow but sporadic transformation in the interwar period. By looking at both non-manufactured and specific manufactured goods, great insight can be gained into Britain's transition from a highly international market, to a wartime market, and ultimately a closed domestic market. 3 pgs. 0f/c. 1b.

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