summary Flashcards
1
Q
Britain economy still growing, living standards still going up, stop-go economics had not?
A
been broken
2
Q
economic growth still lead to
A
overheating of the economy
3
Q
how was the economy overheated?
A
-through excessive, expensive imports
-rising wage demands
4
Q
Britain continued to slip behind foreign competitors such as?
A
West Germany, US and Japan
5
Q
economics problems apparent in the 1950s still?
A
not been solved
