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 of Britain during the inter-war period.
The Armistice of late 1918 was followed by a short re-stocking boom. …