Britain's Money Problems and Political Battles (1964-1979)

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yuma

22/03/2023

History

History: Britain 1964-1979 - TIMELINE

Subjects

History

2s the making of modern britain, 1951-2007

Part one: building a new britain, 1951-1979

The end of post-war consensus, 1970-1979

Britain's Money Problems and Political Battles (1964-1979)

Britain's economic crises 1964-1979 marked a turbulent period of political and economic challenges, characterized by successive governments struggling with inflation, industrial disputes, and parliamentary instability.

The period saw alternating Labour vs Conservative political challenges with multiple changes in government leadership
UK trade union impact 1964-1970 significantly shaped industrial relations and economic policies
Both major parties faced recurring issues with small parliamentary majorities
Economic difficulties included persistent inflation, balance of payments deficits, and currency devaluation
Social reforms were implemented despite economic challenges, including changes to abortion laws and voting age
Industrial relations remained a constant source of tension, particularly during the miners' strikes

22/03/2023

Labour and the Conservatives faced these main problems:
How did the government try and deal with them and were they successful?
Political pr

Page 2: Political Turmoil and Economic Crisis $1972-1976$

The period saw escalating industrial disputes and economic challenges, culminating in the miners' strikes and the three-day week crisis.

Highlight: The 1973 OPEC oil crisis triggered massive inflation and economic instability in Britain.

Example: The Three Day Week of 1973-74 demonstrated the severity of the energy crisis, with strict measures including a 50 mph speed limit.

Definition: Social Contract - An agreement between Labour and the TUC aimed at managing industrial relations through cooperation rather than confrontation.

Quote: The Social Contract was later criticized as an arrangement where "the only give and take with the unions was that the government gave and the unions took!"

Vocabulary: OPEC $Organization of Petroleum Exporting Countries$ - The international organization whose oil embargo severely impacted the British economy.

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Subjects

History

2s the making of modern britain, 1951-2007

Part one: building a new britain, 1951-1979

The end of post-war consensus, 1970-1979

History

•

425

•

22 Mar 2023

•

2 pages

Britain's Money Problems and Political Battles (1964-1979)

yuma

@blueyberrymuffin

The period saw alternating Labour vs Conservative political challenges with multiple changes in government leadership... Show more

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Page 2: Political Turmoil and Economic Crisis $1972-1976$

The period saw escalating industrial disputes and economic challenges, culminating in the miners' strikes and the three-day week crisis.

Highlight: The 1973 OPEC oil crisis triggered massive inflation and economic instability in Britain.

Example: The Three Day Week of 1973-74 demonstrated the severity of the energy crisis, with strict measures including a 50 mph speed limit.

Definition: Social Contract - An agreement between Labour and the TUC aimed at managing industrial relations through cooperation rather than confrontation.

Quote: The Social Contract was later criticized as an arrangement where "the only give and take with the unions was that the government gave and the unions took!"

Vocabulary: OPEC $Organization of Petroleum Exporting Countries$ - The international organization whose oil embargo severely impacted the British economy.

Sign up to see the contentIt's free!

Access to all documents

Improve your grades

Join milions of students

By signing up you accept Terms of Service and Privacy Policy

Page 1: Labour and Conservative Governments $1964-1971$

The period begins with Harold Wilson's Labour government winning a narrow majority in 1964, facing immediate economic challenges. The timeline tracks the alternating governments and their major challenges.

Highlight: Labour's initial victory in 1964 came with a promise of modernization and the 'white heat' of scientific revolution.

Example: The 1967 devaluation of the pound to $2.40 demonstrated the severe economic pressures of the period.

Definition: Stagflation - A period of simultaneously high inflation and economic stagnation, which characterized much of this era.

Quote: Barbara Castle's 'In Place of Strife' plan in 1969 proved "hugely unpopular with TUC and left-wing Labour MPs."

Vocabulary: DEA $Department of Economic Affairs$ - A government department created to oversee economic planning.

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Sudenaz Ocak

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Britain's Money Problems and Political Battles (1964-1979)

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The app is very simple and well designed. So far I have always found everything I was looking for :D

I love this app ❤️ I actually use it every time I study.

Britain's Money Problems and Political Battles (1964-1979)

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