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idelness employment
labour reforms
| Question | Answer |
|---|---|
| J.M.Keynes | Keynes was a economic expert , the labour government followed his approach , high government spending and high loans |
| agricultural subsidies | the labour government gave out high subsidies in the agricultural sector , to keep the food prices low and to promote the sector to modernize |
| food restrictions | the food rationing that was introduced in the war was continue in 1951 , milk , sugar, meat, bacon , and tea were al still rationed |
| Nationalisation | the government bought several sectors , 1946 the Bank of England was brought under government control in 1947 coal mines and communications were nationalized and in 1949 the government bought the gas and electricity sectors. |
| how did the economic changes help | the economic policy of the labour government was quite effective , it had raised the export levels 75% from from 1938 levels , and the food production was up 20% by 1951 showing the impact of the policy |
| however economic policy idleness | critici was that the workers had little control , it also was taught that the government should have nationalized more profitable sectors , and compensated the coal miners less thy got pad 164 million |
Created by:
okke