Political Developments: Economic and Housing Issues Flashcards
Who did Churchill install at the Ministry of Housing?
Macmillan
Why was Churchill initially cautious to do anything drastic in relation to his seat majority?
He had a seat majority of 17
Who did Churchill put in his cabinet?
He put wartime associates in his cabinet
How many houses did Macmillan have to build a year?
300,000
Which sector did Conservatives get to make houses?
Private Sector
Which sector did Labour want to make the houses? Why?
Public Sectorto avoid tenants experiencing discrimination
What year was the Rent Act made? What did it do?
- Lifted rent controls 6 million houses
How would the Tories Rent Act affect some British people?
Poorer people would not be able to pay rent
What was the Ministry of Housing called?
A ‘poisoned chalice’
Why was the ministry of housing referred to in this way?
It could ruin someones political reputation
What percentage of government spending went to the Korean War?
30%
What was the Conservative seat majority in 1951?
17 seats
Who did Churchill put as Chancellor of the Exchequer?
R.A Butler
What ideology was Butler Under?
One Nation Conservatism
Who did Butler have a lot of continuity with in his policies?
Hugh Gaitskell
What did the similarities between Butler and Gaitskell emphasise?
Cross-Party Consensus
What was unemployment at in 1955?
200,000 were unemployed
What did Conservatives say they would do with Labours Welfare State?
They would expand it
Which economic theory dominated all governments from 1945-79?
Keynesianism
What was Keynesianism?
Government should always invest in industy even if going in to debt for growth
What was a recurring economic issue for the Conservatives?
Stop-Go Economics
What did Butler do as a response to the 1952 BoP Deficit?
He cut travel allowances to £50.00
What was the economic situation for Britain by 1953?
There was an economic boom
What did Butler cut income tax to in his 1953 budget?
Cut income tax to 45%
