Political and economic transformation in Britain 1918 - 1979

What economic effect did WW2 have on Britain?

• Increased government spending

• Higher borrowing

• Increases in income tax

• Balance of Payments being affected

What happened to Britain's economy after WW2?

• It declined relative to other countries

• It improved

• It declined

How much of Britain's economic wealth was lost during WW2?

• 1/4

• 1/2

• 1/3

• 1/5

What happened with spending on the NHS after it was launched in 1948?

• Spending was much higher than predicted

• It was manageable

• The government spent less than it wanted to

What measures were introduced by Macmillan to battle inflation?

• Stop-go policies

• Corporatism

• Devaluation of the pound

What was the significance of strike action in 1972?

• The winter of discontent

• It led to a General Strike

• More working days were lost to strike action in that year than any year since the General Strike

Which of these was a consequence of the General Strike?

• The 1927 Trades Dispute Act

• The Winter of Discontent

• The resignation of the Baldwin government

• The Geddes Axe

What Trade Union Law did the Labour Government of 1945-51 repeal?

• The Trades Dispute Act

• The National Insurance Act

• The NHS

• The Butler Act

Which of these were consequences of consensus politics that sought to maximise employment in the years after WW2?

• More imports

• Less exports relative to imports

• Inflation

What was Corporatism?

• Macmillan's attempt to organise society based on relations between the government and key groups of industry such as farming, coal mining etc.

• Union Action.

• Eden's attempt to improve the state of the country's economy through a devaluation of the pound.