Britain in 1945 Flashcards
0
Q
What was the state of Britain’s infrastructure?
A
4 million homes destroyed / damaged
2.25 million homeless
20% schools and hospitals destroyed / damaged
1
Q
What were Britain’s balance of payments problems caused by?
A
DECLINE IN BRITISH TRADE
shrunk 66%
DEFINE IN THE PROPORTION OF BRITISH TRADE FOR OVERSEAS MARKETS:
2% of British industry producing goods for export in 1945
MILITARY COMMITMENTS:
Overseas spending up 400% between 1938 and 1946
2
Q
The Beveridge Report
A
1942 Social insurance All working people pay into Provide for them when unemployed or sick Destroy 5 giants: want, ignorance, disease, squalor, idleness
3
Q
Keynesianism
A
John Maynard Keynes
New economic approach to ensure full employment
Stimulate economic growth by cutting taxes during recessions
4
Q
1944 Education Act
A
Butler
Tripartite system
Grammar schools, technical schools,secondary modern
‘Plus’
