Economic questions Flashcards
Percentage of houses privately owned during consumerism?
60%
When did Macmillan’s chancellor set up the NEDC?
1962
What was the NEDC?
attempt to get economic cooperation between governments
sales of private quadroupled from 1.5 to?
5.5
By 1961, how many people were living in Britain?
51 m
When did Britain form the EFTA?
1959
Butlers give-away budgets provided middles class with how much tax cuts?
£134 m
What year did Britain get rejected from EEC?
1963
Why did Britain get rejected from EEC?
de Gaulle vetoed - didn’t want 2 powers
How much did the birth rate increase by?
2 m
What did Thorneycroft want to limit?
wage increase
What were Britain spending too much on?
defence
How much money were Britain spending on defence?
1.7 b
When was the financial crisis?
1957
Which country had the poorest GDP rate?
Britain