why did people feel more affluent Flashcards

1
Q

what was the increase in real wages between 1955 and 1970?

A

47% increase in real wages

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2
Q

despite weaknesses in the British economy (e.g. stop-go) the British people experienced what?

A

a growth in real wages

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3
Q

what enhanced the quality of life

A

welfare services, education and housing improved

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4
Q

the british were working fewer hours throughout the 1960s- in 1950s how was working week reduced?

A

reduced from 6 days to 5 days each week

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5
Q

average worker now entitled to how many paid holidays a year

A

2

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6
Q

how many times did income tax fall in 7 years

A

fell 5 times in 7 years- 47.5p in the pound(1957) to 39p in the pound (1964)

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7
Q

purchase tax(tax on luxury items i.e electric fires,cars) fell from

A

100% in 1951 to 25% in 1963

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8
Q

the growing range of goods in the shops

A

left consumers spoiled for choice

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9
Q

traditional and wartime anxieties about careful money management(from the working class) were?

A

fading + being replaced by a desire to spend money + enjoy the pleasures of modern technology

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10
Q

unemployment remained very low throughout

A

period 1955-1970

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11
Q

however, unemployment did climb from how much in 1955 to how much in 1970?

A

-climbed from around 232,000 in 1955 to around 579,000 in 1970

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