Britain 1951-2007 Flashcards
0
Q
Economic decline 1951-2007
A
1957 Major financial crises after Suez Stop-go Wilson -high inflation and unemployment in place of strife 1969 Break with post War Consensus Black Wednesday Labour high government spending
1
Q
Economic incline 1951- 2007
A
golden Age of affluence/ increased living standards and wagers Macmillan- never had it so good Consumer boom Privatisation Low income tax under MT Major- Council Tax Consumer credit boom
2
Q
Britain’s as a world Power 1951 to 1990
A
Decolonisation Suez crises Initial Failure to join the EEC Falklands Special Relationship with US
3
Q
Britain V.S Europe
A
Failed to join EEC three times due to French veto
Thatcher- Wanted to protect British Sovereignty
Anti German stance
Adversarial stance with Europe
Blair-closer ties with Europe, gave them what they wanted
decline to join the Euro
