4. Reason For Leaving: Economic Crisis Flashcards
When Clement Attlee’s Labour Party won in the 1945 General election, what was the economy like?
Devastating
In what year did Clement Attlee’s Labour Party win the General election?
1945
What happened in 1945 general election?
Clement Attlee’s Labour Party won the general election
Why was the British economy after World War Two so poor?
Loss of oversea assets
Cost of six years war
Ongoing loan repayments to the US
By 1945, how much were the British overspending by?
£2 billion
In what year were the British government overspending by £2 billion?
1945
Until what year was bread rationed?
1948
What happened in 1948?
Bread rationing ended
What ended in 1954?
Meat rationing
When did meat rationing end?
1954
What happened in 1946-7 that caused strain on energy supplies?
Freezing winter
In what years was there a freezing winter that put a strain on energy supplies?
1946-7
By 1947, how much did it cost to maintain the British force in Palestine?
£40 million per year
In what year did it cost £40 million per year to maintain British forces by Palestine?
1947
In 1947, what cost was £40 million per year?
Maintaining British forces in Palestine
