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After the world war 1, Britain had suffered a postwar slump due to overcapacity and market oversupply. During the OTL interwar, although new industries in the South grew at fast pace, with the gap between Britain and Germany and the US being narrowed, overall growth was offset by the decaying of British staple and heavy industries, with the North suffered mass unemployment.

What could have been done to make British industries, both new and old, perform much better than OTL? The starting POD would be either in June 1915 or in January 1920.


One obvious medium term solution would be preventing the return to prewar Gold in 1925. But this would not tackle the underlying structural weaknesses in British industry.
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