What were the staple industries?
What % of GB exports were staples in 1913?
60%
Where did Britain rank globally in staples?
Britain was 1st but there was growing fears about competition from America and Germany
What % of world shipping did world shipping own before 1914?
About 50%
Why could Britain be optimistic about the progress of its staple industries, even if other nations were making faster progress?
Despite competition from Germany steel and coal output were still rising
**Germany and America had larger markets and access to raw materials so it would have been concerning if GB had been taken over by comparable countries