Labour Reforms Idelness

Question 1

•Successes got Idelness

Answer 1

Steel Iron has and coal were nationalised
Nationalisation helped the government to manage the economy
Supporting industries could be used to avoid job losses
Insured high levels of employment after the war
By 1946 unemployment was reduced to 2.5%

Question 2

Failures for idelness

Answer 2

Nationalisation failed to improve efficiency
Supported by tax money
Working conditions and wages remained poor
Pound devalues by 30%