history terms

Question 0

“Age of Affluence”

Answer 0

When there was a consumer boom in 1951- 1964 causing an increase in living standards and wagers, £8.30 to£18.35

Question 1

How did stop-go work?

Answer 1

consumption prises rose too quickly,=taxes and interest rates increase - making it harder to borrow money.
production and exports decrease= taxes and interest rates decrease- easier to borrow money

Question 2

what was the post War consensus?

Answer 2

The idea that the main political parties in Britain were agreed about key aims in for British society after 1951, eg full employment and welfare state, and government intervention in the economy.

Question 3

Winter of discontent

Answer 3

1978- 79- Unions refusing to work. eg grave diggers

Question 4

Decolonisation

Answer 4

A Process which began post WW1 and more noticeably after WW2 - could not be abandoned following success in India, Crises in Suez, and Macmillan’s Wind of Change speech.

Question 5

What do the letters UDI stand for?

Answer 5

Unilateral Declaration of Independence