economy under tories 50s and 60s

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  • economy under tories in 50s+60s facts
    • went from debt of 8700 million to +300 million
    • wages went from 8.50 to 15.35
    • churchill built 1.7 million houses
    • ended rationing in 1954
    • by the 1960s 10 million TVs in circulation
    • by 1960s there were       60 000 people going to butlins a week
    • 54% icrease in washing machines ownership during the 50s
    • full employment
    • tax cuts of 134 million and 370 milliom
    • 1 in 5 people were employed in the service sector when churchill was PM
    • average wage was 18.70 by 1964
    • by 1960 there were 5 million people employed in the service sector
    • on average wages grew 73% whilst prices only rose 45% between 1952 and 65
    • spending on footwear and cosmetics for women rose 78% between 1951 and 1965
    • working class mens wages increased 95%
    • average working week fell to less than 45h
    • by 1975 70% of houses had a washing machine

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