Development between 1951-1964 Flashcards
Name the 5 reasons for dominance in the 1950s
- Prosperity
- Labour split
- Continuation of the welfare state
- 1955 election
- 1959 election
Name the 5 reasons for decline in the early 1960s
- Changing opinions towards the establishment
- Stop - go economics
- 1961 loan from the IMF
- Night of the Long knives in 1962
- Profumo affair
Name two reasons for the postwar boom
- Prosperity and affluence
2. Rab Butler
Name the 5 reasons for problems in the economy
- Stop-go economics
- Giveaway budgets
- 1957 and 1961 financial crisis
- Macmillan’s attitude towards the economy
- 1961 EEC application
What are the 4 main social developments?
- Demographic change
- Immigration
- Violence, criminality and hooliganism
- Education
What are the 5 main foreign policy developments?
- Decolonisation
- Relationship with America
- The Suez crisis of 1956
- The wind of change
- Europe
Reasons for dominance: name 3 prosperity facts
More things bought on higher purchase
Wages went up from £8.30 to £15.35 in 61
Call and home ownership increased
Reasons for dominance: name 3 main facts about labour problems
Internal split
Unilateral disarmament
CND
Reasons for dominance: name 3 main facts about the continuation of the welfare state
Houses were built
Butskelism
The beveridge report
Reasons for dominance: name 3 main facts about the 1955 election
Even more popular
Stop - go economics
Have the majority of 70 seats
Reasons for dominance: name 3 main facts about the 1959 election
Macmillan could call the election at any time of his choosing
Prosperity
Stop – go economics
Reasons for decline: name facts about The establishment
Generational change lead to people not wanting the establishment to be in charge anymore
Reasons for decline: name the main facts about stop-go economics
When governments were taking away tax breaks before elections and reinstating them afterwards.
Reasons for decline: name 2 main facts about the 1961 loan from the IMF
Only extremely poor and on stable countries applied for this loan
Damage to reputation and showed worsening financial situation to the world
Reasons for decline: name 2 main facts about The night of the Long knives in 1962
It was clumsy and out of touch
Its undermined moral
Reasons for decline: name the main facts about the Profumo affair 63
It’s discredited the government
The image of him being out of touch was reinforced
Postwar boom: name three main facts about prosperity and affluence
7 million homes were built by 64
Unemployment averaged at 2%
Real wages increased
Postwar boom: name three main facts about Rab Butler
Continued to maintain employment rate and growth
Expanded the welfare state
Committed to defence spending on nuclear weapons
name 3 main facts about stop-go economics
Tax breaks before elections and spikes after elections
Lead to budget economic‘s which lead to high inflation between 59 and 64
Payments going up to an £800 million deficit
Problems in economy: name 2 main facts about giveaway budgets
1955, Butler gave the middle class £134 million in tax cuts
1959, £370 million tax card before an election
Problems in economy: name 2 main facts about the Financial crisis
1957, suez had sworn debts to £564 million. Inflation was high and there was a run on the pound
1961, overheating economy forces pay ports to hold down wage inflation. NEDC was introduced, but caused the night of the Long knives
Problems in economy: name 2 main facts about macmillan‘s attitude towards the economy and employment
Did not try to fix sluggish growth and continued keynsinous policies
Unemployment was 800,000 by 63
Problems in economy: name 3 purposes of the 1961 EEC application
Meant to be used industrial production for large-scale market
Meant to increase productivity and boost competition
Meant to stimulate growth by encouraging EEC expansion
Society: name 2 main facts about demographic change
Ageing population
Big class divide
