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TO WHAT EXTENT HAS BRITISH RELATIVE ECONOMIC DECLINE SINCE THE LATE

Essay specific features

 

Issue:

Business

 

Written by:

Herbert J

 

Date added:

February 27, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

10 / 2538

 

Was viewed:

8683 times

 

Rating of current essay:

 
Essay content:

Further, I shall argue that the British economy has performed well against some serious cultural and structural constraints and should not be subjected to unduly negative analysis. I shall look finally, and briefly at the performance of the service sector with regard to its contribution to, and correlation with, the aggregate and industrial growth in output and productivity, before concluding that the service sector was the major contributing factor to the UK falling behind it counterparts...
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Despite this, the relatively small amount by which the economy fell behind is indicative of the over-exaggeration of the problem of British decline. MANUFACTURING EXPORTS Britain's share of manufacturing in fact fell dramatically over the twentieth century as can be seen from the following table and graph: Shares of world exports of manufacturing (%) UK USA Germany 1899 34...
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