Wilson

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  • Created by: FunkyFrog
  • Created on: 08-04-14 21:23
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  • Economic Policy Under Wilson
    • White Heat of Technological Revolution
    • Wilson government - economic decline increased in pace
    • The National Plan (1964)
    • High level of strikes = UK seen as the sick man of Europe
      • British Disease
        • Wilson tried to limit trade union power 1968 I. P. O. S.
          • LP image of being dominated by TU's
    • Car industry decline. Car exports declined.
      • Balance of payments crisis
        • 1967 Devaluation of the £ - symbol of economic decline
          • Reduced exchange value £ £2.80 -> £2.40
    • Rejected by EU due to French veto. Saw EU as an opportunity to solve underlying economic problems

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