Britain 1945-51 Flashcards

1
Q

What is Collectivism?

A

The people and the state acting together with a common purpose, which necessarily meant a restriction on individual rights

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2
Q

What is Socialism?

A

The moment for the creation of social equality means by the economic and social regulation

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3
Q

What is Consensus?

A

Common agreement between the parties on major issues and policies

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4
Q

What is the Cold War?

A

The period of tension between the USSR and the USA and their allies (1945-51)

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5
Q

What is Balance of Payment?

A

The difference between the cost of imports and the profit from exports

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6
Q

What is Inflation?

A

A decline in the value of money, which meant Britain had to spend more dollars to buy imports

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7
Q

What is The Six?

A

France, Germany, Italy, and the Benelux countries (Belgium, the Netherlands, and Luxembourg)

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8
Q

What is Decolonisation?

A

The granting of independence by Britain to the majority of its colonies and dependencies

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9
Q

What is NATO?

A

The North Atlantic Treaty Organisation
- defence alliance formed in 1949

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10
Q

What is GNP?

A

Gross National Product
The annual total value of goods produced and services provided by Britain at home added to the profits of overseas trade

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11
Q

What happened in 1942?

A

The Beveridge report was published

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12
Q

What happened in 1944?

A

The education act

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13
Q

What happened in 1945?

A

General election, Labour win

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14
Q

What happened in 1947?

A

Indian independence granted

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15
Q

What happened in 1948?

A

Labour’s welfare strategy including National Health Service Act

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16
Q

What happened in 1949?

A

Nationalisation of Iron and Steel

Devaluation of the pound

17
Q

What happened in 1951?

A

Non-acceptance of the Schuman Plan

18
Q

What are deficit budgets?

A

Occur when a government spends more than it raises in revenue

19
Q

Political Key Facts?

A
20
Q

Social Key Facts?

A
21
Q

Economic key facts?

A
22
Q

Foreign Policy key facts?

A