| Popis: |
This final chapter returns to the original question laid out at the start of the volume: why the tonnage of British ships declined by an enormous amount between 1900 and 1960. It brings together the findings of the volume to provide a definitive conclusion. It reiterates the changes in economic factors; interferences with the competitive process; trade factors; war; taxation; policy-making; growth rates; and growth constraints, concluding that overall, the decline of the industry was primarily due to internal decision-making rather than external factors. Upon publication, this conclusion drew ire and scrutiny, but Sturmey’s arguments have generally stood the test of time. |
