The First World War had a great impact on the economic life of the people of Britain. During the war, industries were restructured to produce war-related goods. Entire societies were reorganised for war. Women had to step in to take up jobs that earlier only men were expected to do. The men had gone to fight. After the war, economic recovery proved difficult for Britain. The war had led to an economic boom due to a large increase in demand, production and employment. As the war boom ended,it resulted in less production and increased unemployment. In 1921, one in every five British workers was out of work. It created anxiety and uncertainty about work. Many agricultural economies also suffered a crisis. During the war Canada, America and Australia had expanded dramatically as suppliers of wheat while Europe had declined. The glut in wheat led to fall in grain prices, rural incomes declined and farmers fell into debt.Britain, which was a leading economic power, had to borrow large sums of money from US banks. This led to increased suffering of people.