Britain In 1951 (KO) Flashcards
When did Britain grant India independence?
1947
When was the ECSC created (and Britain decided not to join)?
1951
When was the Korean War?
1950-53
When was R.A Butler’s education act?
1944
When did Labour implement their four major measures for the welfare state?
Summer 1948
When was the Beveridge report?
1942
What did Britain agree with the USA to increase défense spending by (1951)
2.4 billion
By 1951, how much was Britain spending on defence? (%)
14% of GDP
What was Britain’s balance of payments deficit following WW2?
750 million
How much did the ‘run on pound’ cause Attlee to devalue the sterling by?
30%
When did Attlee devalue the pound by 30%?
1949
When did Marshall Aid begin to operate?
1948
How much did Britain receive from Marshall Aid?
10% of Europe’s $15 billion share
When were Iron and Steel nationalised by Atlee?
1949
What were the five giants of the Beveridge report?
W.I.D.I.S.
Want
Ignorance
Disease
Idleness
Squalor