Economic questions Flashcards

1
Q

Percentage of houses privately owned during consumerism?

A

60%

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2
Q

When did Macmillan’s chancellor set up the NEDC?

A

1962

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3
Q

What was the NEDC?

A

attempt to get economic cooperation between governments

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4
Q

sales of private quadroupled from 1.5 to?

A

5.5

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5
Q

By 1961, how many people were living in Britain?

A

51 m

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6
Q

When did Britain form the EFTA?

A

1959

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7
Q

Butlers give-away budgets provided middles class with how much tax cuts?

A

£134 m

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8
Q

What year did Britain get rejected from EEC?

A

1963

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9
Q

Why did Britain get rejected from EEC?

A

de Gaulle vetoed - didn’t want 2 powers

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10
Q

How much did the birth rate increase by?

A

2 m

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11
Q

What did Thorneycroft want to limit?

A

wage increase

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12
Q

What were Britain spending too much on?

A

defence

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13
Q

How much money were Britain spending on defence?

A

1.7 b

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14
Q

When was the financial crisis?

A

1957

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15
Q

Which country had the poorest GDP rate?

A

Britain

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