British Economy in 1951
- Created by: its_justkayleigh
- Created on: 17-07-19 16:56
View mindmap
- Economy in 1951
- Difficulties
- Damaged infrastructure
- Massive depths
- Old staple industries in decline
- Britain reliant on US to begin economic recovery
- Consumer goods = scarce & expensive
- Rationing only just coming to an end
- Optimism
- Still one of the leading economic powers
- British companies still at forefront of key sectors
- European competitors suffered more during the war
- Living standards were rising
- Difficulties
Comments
No comments have yet been made