Labour back in power (march 1974) Flashcards
1
Q
When did Labour return to power after Edward Heath?
A
March 1974
2
Q
Who became Prime Minister in March 1974?
A
Harold Wilson (his second term)
3
Q
What type of government did Labour form in March 1974?
A
A minority government
4
Q
Why was passing legislation difficult for Wilson in 1974?
A
Because Labour was a minority government
5
Q
What was the inflation rate when Wilson returned to power in 1974?
A
15%
6
Q
What was the balance of payments deficit in 1974?
A
£3 billion
7
Q
What economic and social problems faced Wilson in 1974?
A
High inflation, large deficit, trade union unrest, and continued Northern Ireland Troubles
8
Q
What internal issue weakened Labour in 1974?
A
Divisions within the party
