Economic Developments Flashcards
1
Q
How did the population change change from 1951-1961
A
Rose from 49m-51m (5%)
2
Q
How much of the workforce was unemployed in 1955
A
Less than 1%
3
Q
How many employed in the service industry in 1960
A
5 million
4
Q
How big were the tax cuts
A
£134 million
5
Q
How high was britains income
A
Higher than any other country apart from USA
6
Q
What was the wage increase between 1948-1960
A
13.5%
