Chapter 1.2: Economic Policy 1945-51 Flashcards
(3 cards)
1
Q
What was the post-war dominant theory and who was it named after?
A
Keynesian economics - John Maynard Keynes
2
Q
What year was coal and the Bank of England nationalised?
A
1946
3
Q
What year was iron and steel nationalised?
A
1949