Beveridge Report - IDLENESS Flashcards
What did they aim to create?
Jobs for everyone
Where were the changes?
Education, housing, health, employment and social insurance
Who made these changes?
Reconstruction Committee
When was there virtually full employment?
1950
What did Trade Unions accept?
A wage freeze in 1948
What did the wage freeze mean?
There were fewer strikes over the years
What was a problem?
There were more jobs available than workers
Who helped with Austerity?
Cripps
What did Cripps do?
He encouraged exports and cut down imports
What happened to the pound?
Was devalued in 1949 meaning it was less than foreign currencies
What did the devaluation of the pound mean?
British exports were cheaper
What recovered after war and Why?
Industry recovered after war due to Marshall Aid