Economy under the Conservatives Flashcards

(41 cards)

1
Q

Increase in real wages?

A

25%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Opinion of political commentator Andrew Gamble?

A

The 1950s were the golden years of the conservatives.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

How were the years under labour previously described?

A

‘austerity’

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

How were the years under conservatives generally described?

A

‘affluence’

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

How did Harold Wilson describe the years under conservatives?

A

‘thirteen years wasted’

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What was the conservative slogans in 1959 election?

A

‘never had it so good’

‘Life is better under the conservatives’

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

World trade decrease in Britain?

A

25% - 15%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Defence expenditure of Britain (percentage of GDP)

A

10%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Why was money spent on military?

A

Independent nuclear arms programme
Maintaining military bases

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What percentage of British research funds went towards defence and not industrial growth?

A

34.5%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

World trade increase in Germany?

A

7% to 20% (1951-64)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What was prioritised overseas?

A

Maintaining strong sterling area

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Proof that increase in wages was not due to inflation?

A

Wages rose faster than products

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Wages increase?

A

Weekly average wage of an adult:
1951 - £8.30
1964 - £18.35

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Inflation via postage rates?

A

1955 - 2.50p
1959 - 3.75p

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Percentage rise in car ownership?

A

500%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Percentage rise in TV ownership?

18
Q

What could borrowers now do under conservative government?

A

Borrow money and repay in monthly instalments over a number of years

19
Q

How many houses did conservative government promise to build each year in 1951 election?

20
Q

How many houses built?

A

1954 - 354,000
1.7 million while conservatives were in office

21
Q

1957 Rent Act meaning

A

Abolished rent controls and resulted in more houses available to rent

22
Q

No. people who owned property increase?

A

25% before WW2
44% by 1964

23
Q

Macmillan’s speech in 1957 (Bedford)

A

‘most of our people have never had it so good’ due to ‘industrial towns’

24
Q

Chancellor from 1951-5?

25
What did Butler focus on?
Increased government expenditure in: - health - education - housing
26
Increase in GDP during conservative government?
1951 - 16.1% 1964 - 19.3%
27
Who were Butler's policies similar to?
Right Labour Chancellor Hugh Gaitskell Butler was Left Conservative Chancellor. Ideology called 'Butskellism'
28
What import controls were in place?
Prevented purchases from abroad.
29
Evidence of stop-go policy?
- When demand for goods fell, taxes and interest lowered and import controls relaxed. - Taxes decreased around elections - Unemployment rate unstable (Between 1957 and 1958 the unemployment rate increased from 383,000 to 536,000)
30
Stagflation:
- Industrial output declines and inflation remained. - Payment deficit slowed recovery and growth. Cutting taxes increased spending and inflation. - Textiles and shipbuilding companies declined.
31
Unemployment figures?
1951 - 367,000 1964 - 501,000
32
Butler's response to the growing affluence of the welfare state?
'the Conservative must be seen to have accommodates themselves to a social revolution.'
33
Three-tier secondary education system?
- Grammar - Technical - Secondary modern Reinforced class divisions. Conservatives at local level disliked, but party accepted it.
34
Who pushed for the abolition of the 11+?
Edward Boyle (Minister of Education)
35
Who built the first purpose-built comprehensive schools?
Conservatives and not Labour
36
Robins Report date?
1963
37
Robins Report overview?
Comprehensive principles into higher education by expanding universities and providing larger grants.
38
How many new schools and universities built?
6000 new schools 11 new universities built
39
Homicide Act date?
1957
40
What was the Homicide Act 1957?
Accelerated the process which ended the death penalty. - Liberal reform carried out by Butler as Home Secretary.
41
France TVs popularity?
1960 --> 17%