Economic Developments Flashcards

1
Q

How did the population change change from 1951-1961

A

Rose from 49m-51m (5%)

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2
Q

How much of the workforce was unemployed in 1955

A

Less than 1%

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3
Q

How many employed in the service industry in 1960

A

5 million

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4
Q

How big were the tax cuts

A

£134 million

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5
Q

How high was britains income

A

Higher than any other country apart from USA

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6
Q

What was the wage increase between 1948-1960

A

13.5%

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