英美概况第五单元.pptVIP

Unit 5：The UK Economy Absolute Decline and Relative Decline  1.by the 1880s---the dominant position--- “The workshop of the world” 1) 1/3 of the world’s manufactured goods 2) produced half its coal and iron; half its cotton 3) shipping amount greater than that of the rest of the world put together 2.by 1900 the UK has been overtaken by both the United States and Germany 3.from1945 until the present, the UK economy is usually thought of as one of decline Questions:  Is the third statement true? What are the reasons for describing this period as one of decline? The Reasons fo