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As the post World War Two years continued, Great Britain's growth rate began to decline. Much faster economic progress was much faster in other parts of the world including West Germany. The UK seemed to be plagued with what the West German's coined the " British disease". This was a combination of hyper active and aggressive unionism, poor overall business and government mismanagement, moving the economy in conflicting directions and for the Germans, there was a negative cultural attitude about hard work and lack of entrepreneurship. Britain began to import more and so-called better built European products which caused trade imbalances.
Loss of confidence in the pound sterling, devaluations, higher inflation and higher wage demands by the unions. Britain tried price controls and other methods to fix their economy. One highlight of the decline came in the British auto industry which was in a state of decline due to foreign imports.
This, in a nutshell was the so-called British disease as per the Germans.
The term refers to the economic decline which Britain experienced compared to other European countries grew more quickly. The symptoms of 'British Disease' included impossible industrial relations between unions and management. It was 'cured' by the Thatcher government but not until the 1980s.
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