Questions on Labour Government 1945-51

Slides:

Advertisements

Similar presentations

Migration and Temporary Movement (Mode 4): Towards a Trade and Development approach Economic Affairs Division Commonwealth Secretariat.

Advertisements

Far LeftFar RightCentre Draw this line and add on it where Conservatives, Labour, Liberals, Communists, Fascists would be. Add an explanation. Draw this.

Copyright ©2000, South-Western College Publishing International Economics By Robert J. Carbaugh 7th Edition Chapter 14: Balance-of-payments adjustments.

ROLE OF THE GOVERNMENT.

Idleness How successful were the Labour Government in dealing with the giant Idleness?

By: Laurie Linscomb. Labor forces and productive capacity had been reduced sharply through was losses. This caused price levels to be higher everywhere.

The Cold War BeginsThe Industrialized Democracies Section 2 Understand how the United States prospered and expanded opportunities. Explain how Western.

Bellringer 1. Look at the Following Political Cartoon on the New Deal 2. Make inferences on what the cartoon is trying to state.

Aims To revise key topics in preparation for mock exam.

Be Inspired! Economic and Financial Update O’Leary Insurance Group Jim Power, Chief Economist, Friends First 20th May.

The Economy and Marketing

Copyright © 2009 Pearson Addison-Wesley. All rights reserved. Chapter 10 Understanding Foreign Exchange.

Aggregate demand and supply. Aggregate supply is the quantity of output firms are willing to supply, for each given price level. Aggregate supply is the.

CH. 11: GOVERNMENT EXPENDITURES & REVENUES CIE3M M. Nicholson.

General Election 1945.

Without looking at your notes write on your piece of paper… Who these people are… Churchill: Attlee: Beveridge: Bevan: Bevin: Morrison: Wilkinson: Dalton:

Argentina Crisis in 2001 Professor Ramon A. Castillo-Ponce June 1st, 2006 Presented by Shing Wong Yafan Wu Wanichaya Phunpruk.

2005 Budget Summit February 11, 2005 Paula A. Bussard SVP, Policy & Regulatory Services The Hospital & Healthsystem Association of Pennsylvania.

1 Financial Crisis (addendum) Savings and Loan Crisis (the S&L Crisis) Deposit insurance creates moral hazard Relaxed regulation permitted.

ENGLAND AFTER WORLD WAR II. The great social-leveling influence of the War meant that Britains were anxious for change. Members of British armed forces.

Unemployment AS economics presentation on the measurement and causes of unemployment.

17-1.  Weak League of Nations ◦ US Senate refused to approve ◦ League members disagreed on using force  French Demands ◦ Strict enforcement of Treaty.

1 Global Economics Eco 6367 Dr. Vera Adamchik Macroeconomic Policy in an Open Economy.

How successful was the wartime coalition in leading Britain through the strains of war between 1940 and 1945? (24 Marks)

Overview of Labour’s problems and policies, “Despite all the crises, Britain was in better shape in 1951 than when the war ended.”

Balance of Payments, Exchange Rates & Trade Deficits

International Trade. Balance of Payments The Balance of Payments is a record of a country’s transactions with the rest of the world. The B of P consists.

The Role of Trade Unions in Changes in Employment and Working conditions.

Effects of the Great Depression. The effects of the Great Depression were widespread and painful. Here are some facts about the great depression. In 1932,

The Age of Austerity. What does austerity mean? In economics, austerity is a policy of deficit-cutting, lower spending, and a reduction in the amount.

How effective were Nazi policies towards women?.  Reference p298-p303 of Hinton and Hite.

Copyright © 2006 Pearson Addison-Wesley. All rights reserved Introduction We saw how a single country can use monetary, fiscal, and exchange rate.

Lesson 4 - Reasons to Explain the Existence of Poverty Learning Intentions (Pupils should be able to:): Explain what is meant by the term ‘social exclusion’

Key Welfare State Reforms 1946 National Insurance Act Industrial Injuries Act New Towns Act Trades Disputes Act 1948 National Assistance Act 1948 NHS.

International Monetary Funds IMF works to: foster global monetary cooperation secure financial stability facilitate international trade promote high.

IGCSE Economics The Balance of Payments

Europe and The Great Depressions Economic Hardship and Political Change.

1947 – The Turning Point for the Labour Government?

How was a mixed and managed economy established in the 1940s.

Dar es Salaam, October 31, 2007 Poverty Reduction Budget Support for Tanzania PEFAR UPDATE: RAPID BUDGET ANALYSIS FOR THE 2007 ANNUAL REVIEW.

‘Thirteen wasted years’ or ‘You’ve never had it so good’? The Conservation Party were in power from 1951 – Churchill Eden

“Their Finest Hour”: Britain and World War 2.

Labour in opposition Splits in the Labour Party were clear before the defeat of 1951 Bevan had resigned from the party over NHS charges before.

© 2008 Pearson Addison-Wesley. All rights reserved 1-1 Chapter Outline What Macroeconomics Is About What Macroeconomists Do Why Macroeconomists Disagree.

HL Balance of Payments IB Economics The consequences of a current account deficit  If the current account is in deficit then the capital account will.

Learning objective – to be able to explain the government economic strategies of the 1950s and 1960s. I can describe some of the key features of the British.

Role of Government. Fiscal Policy  Government uses its powers of expenditure, taxation, and borrowing to alter the size of the circular flow of income.

McGraw-Hill/Irwin Chapter 15: Fiscal Policy, Deficits, and Debt Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved.

Theme 1 A changing political and economic environment,

History Mock Exam Feedback 2015 The most common problem that led to loss of marks was failure to use the sources Each paragraph must contain at least one.

Economic crisis and recovery Lesson objectives K: The economic policies of the Labour Government from U: How Britain avoided economic.

ECONOMIC PROBLEMS AND INDUSTRIAL RELATIONS, 1923–1929.

Deficits, Surpluses, and the National Debt Please listen to the audio as you work through the slides.

AS Economics PowerPoint Briefings Introduction to Macroeconomics AS Economics.

Causes of Economic Growth. Economic Growth  An increase in real GDP.  Or – and increase in potential GDP.

4SSIE001 – Challenges and Transformations: British Political History Since 1945.

The Inter-War Years Problems in Britain. The Effect of WW1 Britain over the course of the War spent 7,852 Million. Economic Output fell between 1918 and.

Changes to Standard of Living and Leisure. What do we mean by Standard of Living and Leisure? Standard of Living: The quality of life of members of society,

Russia’s Economy. The Soviet Economy state ownership of almost all economic resources; collectivized agriculture; “command planning”: central planning.

5 – PMs between 1951 and – international events between 1951 and – key speeches between 1951 and – causes of the economic crisis of.

The wind of change is blowing through this [African] continent, and whether we like it or not, this growth of national consciousness is a political fact.

Reasons for Consensus Progressive Conservatives:

Conservative Political Dominance

International Economics By Robert J. Carbaugh 9th Edition

POST-WAR WESTERN EUROPE

THE INTERWAR YEARS.

Reasons for Consensus Progressive Conservatives:

Saturday, 06 April 2019Saturday, 06 April 2019

In this lesson, we will: Define stop-go economics

Why did Labour win the 1945 election?

Presentation transcript:

Questions on Labour Government

How important, in relation to other factors, was Marshall Aid in bringing about economic recovery in Britain between 1947 and 1951 ? GB economic recovery Issue of external factors, both in intensifying the crisis Britain needed to recover from and in providing valuable help towards Britain’s recovery through Marshall Aid. Did Britain recover successfully? Was Marshall Aid a key factor? “Special relationship GB role in Cold War OTHER FACTORS eg policies & personalities of Attlee,Bevin,Cripps & austerity Crisis of 1947 Heavy commitments to GB world role & the welfare state MAIN FOCUS is on economic recovery

“ In 1947, a short term crisis forced the Labour government to face the facts of Britain’s long term decline as a great power.” Explain why you agree or disagree with this statement. Dual focus – “crisis” & “ Decline” in 1947 Extreme seriousness of the winter crisis & response of govt. Consequences e.g. reduction in foreign commitments “retreat of British power” Bevin had considerable success in foreign policy Gb had good economic recovery DID GB face facts? She continued with expensive and damaging ambitions to be a nuclear power and to keep an imperial role.

“The Labour government achieved significant success in economic recovery in the years , despite serious problems both at home and abroad.” Explain why you agree or disagree with this statement. DOUBLE FOCUS – seriousness of the economic situation facing Gb after war & extent of the economic recovery achieved by Lab govt. Achievements of Attlee govt –Eg stabilising the economy –Restoring exports –Achieving Balance of payments surplus by 1950 –Maintaining full employment –Paying for the welfare state –Managing nationalisation –Paying or large armed forces & major role in world affairs

“The Labour government achieved significant success in economic recovery in the years , despite serious problems both at home and abroad.” Explain why you agree or disagree with this statement. Tough measures imposed by GB eg, strict rationing Full effects of Lab policy not seen till 1950’s with rising living standards FAILURES – Dollar crisis of 1947 Devaluation 1949 Divisions within party over spending Over burdening of economy to pay for welfare programme & overseas role Lack of preparation over fuel stocks Internal feuding between Bevan & Gaitskell Role of Marshall aid Differentiate between areas of policy with greater or lesser degrees of success as well as differentiating between successes over time