What was the impact of the First World War on the British industries ? -SST 10th

What was the impact of the First World War on the British industries ? -SST 10th
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After the war. Manchester could never recapture its old position in the Indian market. Unable to modernise and compete with the US. Germany and Japan, the economy of Britain crumbled after the war. Cotton production collapsed ar.d exports of cotton cloth from Britain fell dramatically. Within the colonies, local industrialists gradually consolidated their position, substituting foreign manufactures and capturing the home market.
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