Why was unemployment such a persistent problem in Britain during the inter war years?

Why was unemployment such a persistent problem in Britain during the inter war years? Unemployment was an important feature after the First World War and a conditioning influence on the economy and society. The inter-war years saw Britain fail to recapture its control over markets that it had dominated once before through its staple industries and saw USA and Germany become leading international producers. Alongside misguided international and domestic policies, unemployment was an important feature …

…to recover fully. Word Count - 1,913 Bibliography 1.Flinn, An Economic and Social History of Britain since 1700 (London 1975) 2.Dobson, Anglo-American Relations in the Twentieth Century (London 1995) 3.Wilson, British business history, 1720-1994 (Manchester 1995) 4.Glynn & Booth, Modern Britain an economic and social history (London 1996) 5.Floud & McCloskey, The Economic History of Britain Since 1700, Volume 2. 1860 to the 1970's (Cambridge 1990) Other books consulted 1.Hannah, The Rise of the Corporate Economy (London 1983) 2.Aldcroft, From Versailles to Wall Street 1919 - 1929 (London 1977)