This website uses cookies to ensure you have the best experience. Learn more

Discussion Of The Major Problems Faced By The Uk After World War Ii

2382 words - 10 pages

Discussion of the Major Problems Faced by the UK After World War II

The post-war era is a key moment in British economic history. These
decades came to be viewed as a golden age. Immediately after the war,
all available resources were needed for: the re-conversion from war to
civilian production, re-construction of capital stock, and the
recovery of living standards. It was important that the decisions
made by the Government would help improve the economy, as it was very
weak at that time. Some of these decisions, which were in the form
of policies, helped better the economy and without them, the economy
may not be the way it is today.

This essay will explore analyse and the UK economy during the 1960’s
and 1970’s. The major problems, main policy targets and instruments,
and overall economic performance will be compared and contrasted over
the two decades.

The Conservative government were in control of the economy from 1960
until 1964 before the Labour Government were elected in 1964.
Similarly, the economy in the 1970’s began under the control of the
Conservative government until 1974. The labour government then took
over until 1979. And finally, the Conservative government were
elected again in 1979.

The 1960’s started with a Balance of Payments crisis in a rather
slow-moving economy. Economic activity did pick up again in the
second half of the year until mid 1961, but it did not help the
Balance of Payments. In July 1961, the Bank of England feared a
continuous drain on reserves and expected demand to carry on rising.
They feared that the spare margin of capacity that they had left would
gradually disappear if no action were taken. Therefore, deflationary
measures were introduced. These measures included the use of tax
regulators to the full extent and exchange controls were tightened.
The bank rate was raised from 5% to 7% and a call was made for special
deposits. At this time, two reports were published. These stressed
the need for the government to take a longer-term view. On July 25th,
the Chancellor released a statement, which included a proposal for
joint planning arrangements with representatives of employers and
workers. After two months, a formal invitation to join a National
Economic Development Council (NEDC) was issued and was accepted by
employers’ associations. They hoped that there would be faster growth
as many continental countries were doing better than the United
Kingdom.

Efforts were made in 1961 to effectively slow down the rise in wages.
A ‘pause’ was called for in July 1961 by the Chancellor and later
through a compact with the unions negotiated by George Brown in 1964.
This ‘pause’ did not last long and the compact didn’t help to slow
down the rise in wages. Hourly wages rose 10% from October 1964 until
the...

Find Another Essay On Discussion of the Major Problems Faced by the UK After World War II

The Change for Minority Groups after World War II

2053 words - 9 pages within a two-week period (“Benjamin”). One of Davis’s close friends was quoted as saying Davis was “respected by most” and “hated by many” (“Benjamin”). But it was by Davis’s sheer leadership skills alone that the ninety-ninth squadron was able to make the records that it did (“Benjamin”). General Davis faced two major problems with the ninety-ninth squadron: the pilots had little experience and Davis did not have the ability to assign white pilots

Evacuation of British Children From Britain's Major Cities at the Beginning of World War II

693 words - 3 pages Evacuation of British Children From Britain's Major Cities at the Beginning of World War II The British government had many reasons for evacuating children from Britain's major cities at the start to of the Second World War. The prime objective of the evacuation was to save the children from being killed by German bombing raids. The government feared that air attacks on main cities were very close, and they wanted the

The Evacuation of Children From Britain's Major Cities During World War II

1081 words - 4 pages The Evacuation of Children From Britain's Major Cities During World War II During the First World War, the home front in England did not experience the terrible warfare that was happening in France. The only experience the civilians had was the starvation due to the food shortages they were facing. There were no bombs dropped on the main cities, particularly because the air technology had not reached an advanced

The World War II

1487 words - 6 pages Two separate wars made up the Second World War: a European war and a Far Eastern war. After 1941 the United States and the United Kingdom took part in both, while their enemies waged separate wars and until the last days of the war, the Soviet Union fought only in Europe. These two wars were caused by the conflicts between the actions of the rulers of Germany and Japan on one side, and on the other, what the governments of Britain, France, and

Problems faced by the sugar industry

971 words - 4 pages My History S.B.A first draftTable of ContentsArea of ResearchResearch Topic and QuestionThesis StatementRationale/ aimIntroductionWhat were the problems faced by the Sugar Industry affect the British West Indies?LabourCapitalTechnologyFree TradeConclusionBibliographyArea of ResearchAdjustments to EmancipationResearch Topic and QuestionTopic: Problems faced by the Sugar Industry in the British West Indies specifically Jamaica.Research Question

Problems Faced By The Weimer Republic

2241 words - 9 pages In order to answer this question we must first establish whether in fact the problems that Weimar faced were insurmountable and how much of a threat they posed to the survival of the republic. The years of 1918 to 1923 are deemed by many historians as the "crisis years" as they were a period of much unrest and discontentment, to add to this there were social, economic and political breakdowns and much opposition from several quarters.Before the

The Major Causes of World War I

2447 words - 10 pages , derived from conflicting ambitions and aspirations among the major powers. "None of them wished to fight a general European war, but all of them had their own policies and their own hopes, either for aggrandizement, or else simply to retain the position of preeminence they already enjoyed." (Stokesbury 18). The spark of the Great War was the assassination of the Archduke Francis Ferdinand, heir to the throne of Austria-Hungary, and his wife by a

The History of World War II

1187 words - 5 pages Nations was established after World War II to keep the peace. The United States did not join and other countries were too occupied with their own complications to concern about Germany and other troubled spots. Then, in the early 1930s, an international economic depression hit the world. Workers lost jobs, trade fell off, and times were hard. People looked towards leaders who promised change. Italy, Japan, and Germany all came under the rule of

Leaders of THe Horrific World War II

836 words - 4 pages leader of the Nazis, and the one that is holocaust. They were the major leader of World War two. They changed the events of World War II. Adolf Hitler took full control of Germany in 1933. Hitler was born in April 20, 1889, in Braunau am inn, Austria. A few months after he was born his parents moved to Linz. When he was three years old His family moved him to Germany. In 1914 Hitler join the German army during World War I. He spent four years

The Atrocities of World War II

1494 words - 6 pages they went off to war. That is one of the reasons that women gained their independence from men, is because they kept the country running while the men were away and proved themselves. The German civilians had to deal with many tragedies such as being invaded or having the women raped by Allied troops. The economy of World War II had a major impact on the world today. The German economy during the war crashed so much that their money had no value

The Legacies of World War II

932 words - 4 pages last major totalitarian government. Now at the turn of 20th century, it is democracy on the rise and hopefully it will stay that way.Imperialism is all but extinct now due to the victory the United States achieved in World War II. Even though the destruction of imperialism did not happen all at once, it happened because of the war's outcome. During World War II, the Japanese set up a empire by driving the British, Dutch, French, and Americans out of

Similar Essays

Common Problems Faced By International Students In The Uk

1169 words - 5 pages face. Those problems include: culture shock to varying degrees coupled with emotional issues(Bailey, 2005), Language barriers along with other communication problems (Sherry et al, 2009), and academic problems due to a change in school curriculum (Ramachandran, 2011). This essay will expand on the common problems faced by international students in the UK, offer solutions for handling the problems, and making the process of acclimating to a new

A Brief Description Of The Pros And Cons Of Joining The Euro, And The Problems That May Be Faced By The Uk In The Future

659 words - 3 pages There are several arguments as to why the UK should adopt the euro but there are also several arguments as to why we shouldn't. Some people argue that jobs are being lost because of the decision to remain with the pound for the time being. Companies such as Matsushita, Hitachi, Canon and Sony have all cut jobs or moved production to other parts of the world because of the high rate of sterling against the euro. This means that the UK is less

An Explanation Of The Major Problems The United States Faced In 1789, How They Were Overcome By 1800, And At What Cost

697 words - 3 pages protested the tax peacefully by means of mass meetings and petitions. However a few residents resorted to using violence attacking federal revenue officers and destroying property. In order to solve this crisis, Washington marched 12,000 men into Virginia. After that there was no more talk about rebelling. This event was a milestone which set the power of the federal government.In conclusion, the three main problems that the United States faced in

Treaty Of Versailles Vs. The Peace After World War Ii

1035 words - 4 pages ran high as Europe was completely in shambles, trying desperately to rebuild. The differences in the way to go about peace at the end of World war one and two ultimately led to how our world was shaped over the last century, with all the benefits and pitfalls those proposed plans came with. The peace at the end of World War II was more successful than the Treaty of Versailles in calming European tensions in terms of the economic, political, and