Post WWII Economics Flashcards
What was Sir. William Beveridge’s contribution to Post-WWII economics?
He presented a report called Social Insurance and Allied Services to the British Parliament in 1942 recommending state power be extended to provide citizens more security in exchange for contributing to society. His suggestions were later put in place in the National Insurance act, National assistance act and National Health Services act
What was the post-war consensus period?
A period in the 1970s when the labour party and conservative party maintained the programs that made up the welfare state
What main new programs did Canada implement following WWII?
Universal healthcare and pensions
What happened economically in Québec following WWII?
Québec had its own provincial income tax and used the money to support infrastructure and public works. It had the highest wage in Canada but preferred lower taxes over social programs. Following Maurice Duplessis’ death, however, there was a strengthening of social programs during the Quiet Revolution of the 1960s.
