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ECONOMIC DEVELOPMENTS During WW2 the economy in Northern Ireland grew as shipbuilding, iron and steel works and linen industries all grew. However by the mid to late 1950s the economy had stalled and began to decline.
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ECONOMIC DEVELOPMENTS During WW2 the economy in Northern Ireland grew as shipbuilding, iron and steel works and linen industries all grew. However by the mid to late 1950s the economy had stalled and began to decline. This happened because traditional industries such as shipbuildingand textiles(linen) started to struggle and shrink in size. BACKGROUND TO THE COLERAINE UNIVERSITY CONTROVERSY
New orders for ships declined as people switched from ships to air travel. Throughout the world there was less demand and therefore less orders for new ships. Throughout the world clothes production was switching from Linen to cotton. Unemployment increased sharply in the late 50s and early 60s. ECONOMIC DECLINE
The Unionist government and Unionist politicians encouraged employers to favour Protestants over Catholics where jobs became available. In 1961 all the HALL COMMITTEE could come up with was advise that unemployment might be limited by encouraging emigration and the setting up of an Economic Advisory Council. HALL COMMITTEE
In 1963 Brookeborough resigned and was replaced by O’Neill. He invited a Professor of Economics to produce a new plan to help grow the economy and jobs in the future. O’NEILL TAKES OVER
Attract new industries from abroad. Create a new city by joining the towns of Lurgan and Portadown. (Craigavon) Invest in growth centres – roads/transport and land for industrial development. Massive road building programme – better infrastructure. Build a second University. WILSON PLAN 1964
It did succeed to some extent and international companies like Michelin, Goodyear and Dupont set up in Northern Ireland. However all these companies were located east of the river Bann and therefore did little to help the huge levels of unemployment in Catholic areas west of the Bann. INTERNATIONAL COMPANIES