Indeed around 1870,
Britain was ruling the world. The country was contributing 21 percent of the
global output. However, a lot of events took place in the course that took that
throne away from this once glorious land.
World War two
hit the country hard economically. Also, unlike the leaders UK had back in the
days, it lacked that kind of cult personality in the following years that can
captivate people’s imagination and lead the nation on the global scene dynamically.
the world did away from all the expansion policies, for which Britain was once
famous for. So its economy was strictly limited to its domestic boundaries,
except for trade will allies. At the same time, the emergence of USA as the
global leader following 1950s also took away the credibility of Britain.
In the modern
world, UK started playing less and less impactful role. This eventually limited
its global stature to what we see right now. Of course, with great power, rich
history and advancement in every department, UK still holds a very important place
on the world’s map. But it is way past its glorious days, considered no more
the best economy.
In order for it to get back to the top, not only
it has to work very hard—the other countries have to work way less. And this
isn’t happening anytime soon