Final answer:
The end of World War 1 had a negative impact on the shipbuilding industry, leading to a decline in shipbuilding activities and high unemployment rates.
Step-by-step explanation:
The end of World War 1 had a significant effect on the shipbuilding industry.
During the war, shipyards were producing a large number of ships for the war effort. However, with the end of the war, the demand for ships decreased dramatically.
This led to a decline in shipbuilding activities and many shipyards faced financial difficulties.
The sudden shift from wartime to peacetime production also resulted in high levels of turnover within the shipbuilding industry.
Jobs that were created during the war were lost, leaving many workers unemployed.
Additionally, the end of the war brought economic challenges, as the post-war period often saw a contraction in the overall economy.
In summary, the end of World War 1 had a negative impact on the shipbuilding industry, leading to a decline in shipbuilding activities and high unemployment rates in the sector.