Changes to Consumerism in 1973-4 Flashcards

1
Q

What did Credit allow people to do?

A

Buy things and pay for them later

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2
Q

How was affluence seen by the early 1970s?

A

It was considered a fact of life

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3
Q

What was the general idea of Barber’s 1973 budget?

A

It would limit credit and public spending

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4
Q

What was the impact of Barber’s 1973 budget?

A

People were no longer able to engage as heavily in consumerism

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5
Q

What was the significance of Barber’s budget for the public?

A

This was the first time in a long time that affluence had been heavily restricted

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6
Q

Which country offered to help Britain amid their 1973-4 economic crisis?

A

Uganda

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7
Q

How did Uganda offer help Britain?

A

They made a “Save Britain” fund and Idi Amin gave Britain 10,000 Ugandan Shillings of his own money to help and offered food

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8
Q

What was the impact of Uganda’s proposed assistance for the British government? Why?

A

They were humiliated because Uganda used to be under the control of Britain

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9
Q

What was the significance of Uganda offering help to Britain? What did it indicate?

A

It showed that even relatively poor countries compared to Britain offered aid to the country, indicating that Britain was failing heavily

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