The Making of Modern Britain - Britain under Churchill and Macmillan

Created by: MsDiagram
Created on: 12-10-15 20:14

The name given to the similarities in policies of Tory reformist ministers like Harold Macmillan and R.A.Butler and Labour thinkers like Anthony Crosland and Hugh Gaitskell.

Butskellism

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The Common Market.

EEC

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Efficiency, i.e. getting more produced per worker, per shift, per hourly wage.

Productivity

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A rapid fall in the value of the pound in international currency markets, especially in relation to the US dollar.

Run on the pound

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The tensions between an expanding economy, with low interest rates and rising consumer spending and the results of the economy over-heating, with wages and imports exceeding productivity and exports, leading to a deliberate deflating of the economy.

Stop-go economics

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Renouncing use and possession of nuclear weapons without waiting for any international consultation or agreement.

Unilateral disarmament

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The name given by journalists to Macmillan's cabinet reshuffle in July 1962.

Night of the Long Knives

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Month of the 1951 general election

October

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The first commercial TV channel, which launched in 1955

ITV

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Ended in 1954

Rationing

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Created by Butler - gave the middle classes £134 million in tax cuts

'Give-away' budget

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Replaced Clement Attlee as Labour Party leader

Hugh Gaitskell

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Other cards in this set

Card 2

Front

The Common Market.

Back

EEC

Card 3

Front

Efficiency, i.e. getting more produced per worker, per shift, per hourly wage.

Back

Card 4

Front

A rapid fall in the value of the pound in international currency markets, especially in relation to the US dollar.

Back

Card 5

Front

Back

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The Making of Modern Britain - Britain under Churchill and Macmillan