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The end of austerity

Rob Quinn looks at aspects of the UK’s economic recovery in the 1950s and 1960s

Source A
An advert for a sought-after consumer item in 1950: a refrigerator

Eduqas Component 1D Austerity, affluence and discontent: Britain, 1951–1979; Component 2D The development of the UK, 1919–1990

The Second World War left the UK deeply in debt. A strict policy of rationing and austerity was introduced to help the UK increase its exports and decrease its imports. This became increasingly unpopular, leading to the defeat of the Labour government in the 1951 election. The new Conservative government promised to make the UK a more prosperous country again.

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Previous

Lyndon Johnson and the Vietnam War

Next

The occupation of Egypt

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