conservatives 51-64 Flashcards
who won the conservative election in 1951
churchill
how many seats did the conservatives win in the 1951 election
321
why did the conservatives win the 51 election
offered to build 300,000 houses a year, they would continue withe welfare state, churchill still seen as a popular figure
why did labour lose the 51 election
labour associated with austerity and rationing after coming out of ww2, korean war added to financial strains, charges were being imposed for dental care undermining NHS
what are examples of thirteen wasted years in terms of economy
Britain’s defence expidenture = 10% of its GPD
how much research funds were wasted on defence
34.5%
how much did british world trade shrink between 51-64
from 25% to 15%
what happened to wages between 51-64
they rose faster than food prices - rising from £8 a week to £18
what did the conservative government do to income tax before both the 1955 and 59 election
they cut income tax resulting in more people seemingly having more money to spend
what was the result of the policy of credit issued by the conservative government
meant people could now borrow money making small monthly repayments over several years
did the conservatives fulfil their promise to build homes
yes - 1954 = 350,000 homes built and 1.7 million built during their time in office
what was the result of the 1957 rent act
abolished rent controls and resulted in more houses being available to rent
how did the conservative government avoid inflation and deflation
by using interest rates and import controls to control the economy - if spending rose or fell, interest rates were either raised or lowered
what was the overall trend for unemployment in the period
that unemployment rose
what was the average unemployment rate of the period
250,000
