Economic data 1974-79 Flashcards
1
Q
What was the average GDP growth
A
1.5%
2
Q
What was Britain’s productivity compared to Germany
A
Britain-1% Germany-3%
3
Q
How many strikes were there in 1979
A
4,583
4
Q
What was unemployment at in 1979
A
1.4 million
5
Q
How much was the pound worth in 1976
A
Went from $2 to $1.63
6
Q
What was inflation at in 1975
A
25%
7
Q
What was inflation at by 1979
A
12%