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How did the decisions to nationalize some important industries impact Britain's economy?
Wiki User
∙ 9y ago
Forced the government to prop up industries.
Wiki User
∙ 9y ago
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How were the navigation acts an example of britains mercantilist thinking?
The Navigation Acts enforced mercantilist policies. These brought Britain forth as the world's most dominate trader. They used policies to expand their own merchants ability to dominate the markets.
How did the colonists react to Britains economic policies?
At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.
How did britains economy affect the process of industrialization?
Overseas trade boosted industrialization as it opened up the market for goods produced in factories. There was also high domestic demand for industrial goods. Improved transportation improved the accessibility of raw materials and industrial goods.
What could buy with a half a crown in 1960?
A Halfcrown was Two Shillings and Sixpence (or 30 old Pence), the equivalent of 12.5 New Pence at Britains decimalisation in 1971. A Halfcrown GBP in 1960 had the purchasing power of about £1.92 GBP today. NOTE - This historical conversion is the result of many calculations and considerations by a purpose designed program. The resulting answer should only be regarded as an approximation based on current exchange rates.
What is 3 pound 10 shillings in todays money?
You do not specify a year to relate the conversion to. At Britains conversion to decimal currency in 1971, Three Pounds and 10 Shillings converted to £3.50 GBP. Three Pounds and Ten Shillings GBP in 1971 had the purchasing power of about £33.14 GBP today. NOTE - This historical conversion is the result of many calculations and considerations by a purpose designed program for which I can take no credit. The resulting answer should only be regarded as an approximation.
How are Great Britains decisions made?
Most are made by the cabinet and Prime Minister that then have to be ratified by Parliament. The Queen also makes some decisions. They tend not to be on major policy decisions though.
Churchill becomes britains prim minister why was this important?
i have no clue
What was the most important event in The British empire?
what events were most important for britains succes
What are 4 important uses of Bitain's rivers?
4 important uses of Britains river's
What events Were Important For Britains's Success?
Basically 2 wars and the assasination of the prime minster.
How did nationalizing import industries impact Britains economy?
It made it harder for them to import. Other countries did not want to do business with them but would rather use their own resources.
Why was liver pool bombed in the world wars?
Because it was one of Britains most important ports
What events were most important for Britains success?
Basically 2 wars and the assasination of the prime minster.
How do you suppose Britain's industrial economy may have contributed to the diffusion of British culture and customs around the world?
they lost their dominance to foreign competition. britains coal mines and traditional industries were in rapid decline. british industries suffered because many were inefficient and because their products were not in demand.
What were Britains motives for World War 1?
Britains goal was to win the war then continue conquring the world.
What is Britains nationality?
British
Can I find a John Deere toy tractor at Britain's Toys?
You can find a John Deere toy tractor at Britains Toys. Britains Toys sells farm toys. You can find more information about Britains Toys at www.britainsfarmtoys.com/.
